About This Home
This 5-bedroom, 3-bathroom residential multi family at 1129 E 71st St in Los Angeles, CA is listed for $775,000 ($388 per sqft). Built in 1924, the home offers 2,000 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1924
- 0.14 acre lot
Property Details
Seller shall consider paying for Buyer's Closing Costs. First time on the market in several years, this triplex residential property features three one-bedroom units. The triplex consists of one duplex and a one bedroom one bath rear house. One unit is currently vacant.
Long term tenancy may explain the rents, however, there exists a very lucrative upside soon for the astute investor. Interior inspection only upon an accepted offer. Drive by only. DO NOT DISTRUB TENANTS! Centrally located within minutes of downtown Los Angeles, this location provides access to major shopping areas in downtown Los Angeles, minutes
from nearby educational opportunities with University of Southern California, Los Angeles City College, with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall and many more. Property is sold in "its current present condition." Buyer to rely solely on Buyer's independent investigations.
Drive by only. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on buyer's inspections and investigations. Property is sold for All Cash, or Cash to New Loan. The seller shall select all services, including escrow, title services and pest control services, if applicable.
Please contact listing agents for more information. The seller shall participate in a 1031 exchange as a result of this transaction. Seller requests Buyer's cooperation in such exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1129 E 71st St
Los Angeles, CA 90001
Property Details
Parking
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 1129 E 71st St is listed at $775,000 ($388/sqft). The estimated monthly payment is $4,145 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1924, 0.14 acre lot.
This property is listed by Luther Henderson and can be reached at 3109362590.
