3641 Lanfranco Street Los Angeles, CA ^$ 1,475,000

3641 Lanfranco Street

^$ 1,475,000

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3641 Lanfranco Street

Los Angeles, CA, 90063

^$ 1,475,000

Studio Baths0.0 Sq 3,179

Monthly Estimate*

^$ 10,303

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,475,000. This 3,179 square foot home was built in 1905 on a lot size of 0.26.

Newly Priced! East LA- 5.61% Cap (with the possibility of the Cap rate of getting close to 6% with rent increases in August 2024) Great investment property situated on a huge 11,387 Sq Ft lot. Not subject to LA's (RSO) Rent Stabilization Ordinance. 3 separate buildings and each unit has NO shared walls. 2 driveways with a lot of room for parking. Close to Mariachi Plaza/Boyle Heights and a short distance to DTLA, Crypto/LA LIVE, Dodger Stadium, & Cal State LA. High rental demand area and great unit mix. (2- 2+1, 1 4+3, and one Studio) Convenient and quick access to 5, 60, and 10 freeways. Shown with accepted offer only. 100% Tenant Occupied. Do not walk on the property or disturb tenants. Agents READ private comments.

Multi-Family Active

Price

^$ 1,475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.26

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024349373

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LCR4YY

Architectural Style Traditional

Year Built 1905

Levels Two

County Los Angeles

Net Operating Income 84156.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area ELA - East Los Angeles

Lot Size Square Feet 11390.0

Street Name Lanfranco

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Carport Driveway

Lot Size Area 11390.0

Building Area Total 3179.0

Lot Size Acres 0.26

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Christopher Furstenberg

Listing Agent

Nourmand & Associates-Hw

Broker

Affordability Calculator

$10,303

Per Month

Monthly Principal & Interest: $10,303
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 35%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$1,475,000	-1.67%	Price Down
3/15/2024	$1,500,000	-3.23%	Price Down
1/30/2024	$1,550,000		Listed Price

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3641 Lanfranco Street, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,475,000 with 3,179 sqft and a lot size of 0.26. 3641 Lanfranco Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 90063 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3641 Lanfranco Street

Multi-Family Home for sale in Los Angeles, CA

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