623 W 58th Street Los Angeles, CA ^$ 700,000

623 W 58th Street

^$ 700,000

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623 W 58th Street

Los Angeles, CA, 90037

^$ 700,000

Bedrooms4 Baths4.0 Sq 2,400

Monthly Estimate*

^$ 4,890

Listed by REALTY MASTERS & ASSOCIATES

623 W 58th Street, Los Angeles, CA 90037 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $700,000 with 4 bedrooms and 4 full baths. This 2,400 square foot home was built in 1922 on a lot size of 0.1027.

Welcoming all investors. This quadruplex is the perfect unit for your portfolio. Just minutes from the Highway this multi-family unit sits on a considerably well maintained block. Each unit is a 1/1 bath at approximately 600 sqft per unit. all units are currently renting out on month-to-month leases. The unit has a Separate 4 car garage that may permit an additional dwelling unit being built on top of the garage. Zoned LAR2. This unit is priced to sell.

Multi-Family Active

Price

^$ 700,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1027

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24040266

Days on Market

Features

General

Sewer PublicSewer

Cooling SeeRemarks

Zoning LAR2

Garage Spaces 4.0

Pool Features None

Security Features Item24HourSecurity

Year Built 1922

Tenant Pays SeeRemarks

Property SubType MixedUse

Gross Income 3000.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 500.0

Operating Expense 500.0

Insurance Expense 400.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Sluason and 58th St

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C37 - Metropolitan South

Lot Size Square Feet 4475.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 5

Street Name 58th

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Trash Expense 100.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 46

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 16

Total Actual Rent 3000.0

Property Sub Type Additional MixedUse

Exterior

Lot Features Item01UnitAcre BackYard FrontYard

Water Source Public

Total Parking 4.0

Lot Size Area 4475.0

Number of Buildings 1

Spa N

Building Area Total 2400.0

Lot Size Acres 0.1027

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features SeeRemarks

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N Y

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 623

* Excluded Features

List By

Realty Masters & Associates

Broker

(909) 303-4500

Phone

Affordability Calculator

$4,890

Per Month

Monthly Principal & Interest: $4,890
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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 ^$2,000,821

Percent of Sale Price 186%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/21/2024	$700,000	-16.57%	Price Down
3/1/2024	$839,000		Listed Price

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623 W 58th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $700,000 with 2,400 sqft and a lot size of 0.1027. 623 W 58th Street has 4 bedrooms, 4.0 baths, and was built in 1922. The property's zip code is 90037 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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623 W 58th Street

Multi-Family Home for sale in Los Angeles, CA

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