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Los Angeles, CA 90001 1749 E 69th Street

$1,200,000

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Presented By: Miguel Pompa with RE/MAX New Dimension; 951 808-2552
  • MLS# PW24044088
  • 03/11/2024
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 7
  • FootageSQFT • 4,568

Home Details

7-unit apartment building. There are 2 buildings with a unit mix of (3) studios, (3) one-bedroom, one-bathroom units and (1) two-bedroom, one-bathroom unit. Prime investment opportunity with significant value add potential, 90% rental upside. The property is situated in the Florence-Graham area and is just a few miles away from Downtown and a short distance to many restaurants, retail outlets and metro stations.
Presented By: Miguel Pompa with RE/MAX New Dimension; 951 808-2552

Interior Features for 1749 E 69th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1749 E 69th Street

Additional Parcels Y/NNo
AppliancesGasOven, GasRange, GasWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks
Construction MaterialsDrywall
Contingency1031 Exchange at to cost to the Buyer.
CoolingNone
CountyLos Angeles
Days on Market5
Directions105 fwy exit Long Beach Blvd North, Left on Florence Ave, Right on Holmes, left on 69th st
DisclosuresRentControl, Unincorporated
Electric Expense7970.0
Entry Location7
Fuel Expense3485.0
Garage Spaces0.0
Garage Y/NNo
Gross Income74184.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense7363.0
Interior FeaturesBedroomonMainLevel
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, Item1031Exchange
Lot Size Square Feet9433.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income38574.0
New ConstructionNo
Operating Expense35610.0
Pool FeaturesNone
PossessionCloseOfEscrow, SeeRemarks
Private PoolNo
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street Name69th
Tax Lot12
Total Units7
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense3060.0
Waterfront Y/NNo
Year Built1901
Year Built SourcePublicRecords
ZoningLCR4YY

Exterior for 1749 E 69th Street

Building Area Total4568.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsRaised, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.2166
Lot Size Area9433.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,200,000
MLS#PW24044088
List Date 03/11/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors