Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
$1,450,000
645 West 97th Street is a 2020 construction home and duplex on one lot in South Los Angeles. This property presents a rare opportunity to acquire a non-rent controlled asset with all four-bedroom/three-bath units. Furthermore, the front home offers a new investor the opportunity to either owner-occupy or lease at… Read More market rate.
The front home boasts a spacious 1,700-square foot floor plan with an attached two-car garage, and the rear duplex features side-by-side units with 1,561-square foot floor plans. All units feature open-concept living areas, spacious primary suites with walk-in closets, and cohesive modern finishes. Interior highlights include white shaker cabinetry, tile backsplashes, stainless steel range hoods, custom-tiled bathrooms, durable laminate flooring in common areas, and carpeting in bedrooms. All units include individual HVAC systems, in-unit laundry, and custom window coverings. The units are separately metered for all utilities, keeping owner expenses at a minimum.
Located in South Los Angeles west of the 110 Freeway, the asset benefits from strong rental demand drivers, nearby schools and retail amenities, and ongoing area development. Read Less
Listing Snapshot
Days Online
25
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
2020
MLS Number
PW26096291
Additional Details
Building
Built in 2020, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $30,906
Garage
1 spaces
Heating
Central
Income
Gross Income: $149,052, Gross ScheduledIncome: $149,052, Net Operating Income: $117,275
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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