323 N Herbert Avenue Los Angeles, CA ^$ 799,000

323 N Herbert Avenue

^$ 799,000

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323 N Herbert Avenue

Los Angeles, CA, 90063

^$ 799,000

Bedrooms2 Baths1.0 Sq 1,922

Monthly Estimate*

^$ 5,581

Listed by Century 21 Realty Masters

323 N Herbert Avenue, Los Angeles, CA 90063 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $799,000 with 2 bedrooms and 1 full bath. This 1,922 square foot home was built in 1910 on a lot size of 0.1725.

Here it is! An opportunity is knocking at your door! So, you better open! This five-unit property can be a great investment. Perfect to live in one unit while you rent out the other units for rental income. This property is perfect for a buyer who wants to start their real estate portfolio or add to it. Property is in need of some cosmetic work, however, NOT many multi-family units for sale in the area. This property is centrally located and just minutes from downtown Los Angeles. Long driveway for parking with a front and side yard. Come and take a tour...

Multi-Family Pending

Price

^$ 799,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1725

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24056450

Days on Market

Features

General

Sewer PublicSewer

Zoning LCR2*

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1910

Tenant Pays Electricity Gas Water

Property SubType Quadruplex

Gross Income 66300.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 66300.0

Operating Expense 0.0

Insurance Expense 2382.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions N. Gage Ave. & E. Cesar Chavez Ave.

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 7514.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Herbert

Listing Terms Cash Conventional FHA FannieMae FreddieMac VANoLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 10

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Estimated

Tax Lot 4

Property Sub Type Additional Quadruplex

Expected Active Date 2024-03-25

Exterior

Lot Features BackYard FrontYard

Water Source Public

Total Parking 0.0

Lot Size Area 7514.0

Number of Buildings 4

Spa N

Building Area Total 1922.0

Lot Size Acres 0.1725

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 323

* Excluded Features

List By

Century 21 Realty Masters

Broker

(562) 746-1831

Phone

Affordability Calculator

$5,581

Per Month

Monthly Principal & Interest: $5,581
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

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 ^$1,999,883

Percent of Sale Price 150%

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
3/25/2024	$799,000		Listed Price

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323 N Herbert Avenue, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $799,000 with 1,922 sqft and a lot size of 0.1725. 323 N Herbert Avenue has 2 bedrooms, 1.0 baths, and was built in 1910. 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. 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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323 N Herbert Avenue

Multi-Family Home for sale in Los Angeles, CA

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