$865,000
Estimated Payment$4,085/mo
Multi-Family For Sale
Price Drop -$110,000

6703 2nd Avenue, Los Angeles, CA 90043

Upgraded Residential Multi-Family Home

Turnkey Property..Both Houses Will Be Delivered Vacant At Close Of Escrow.....Excellent Investment OPPORTUNITY..2 Separate Upgraded Houses On A Corner Lot..............Property Is Being Sold "As Is"................Both House Have Been Fresly Painted On The Interior And Exterior. Spacious Front Home Has 2 Bedrooms, Open Upgraded Kitchen With Stainless Appliances, Breakfast Room/Office, Upgraded Bathroom With Jacuzzi Bathtub, New Vinyl Water Proof Flooring, Mirrored Closet Doors, Crown Moulding, Living Room With Fire Place, Separate Formal Dining Room, An Inside Laundry Room And A Large Front Porch. A 3rd Bedroom May Be Possible If The Separate Formal Dining Room Is Not Needed. Lovely Upgraded Separate Second House Has 1 Bedroom With Walk In Closet, New Laminate Flooring, Upgraded Kitchen, Upgraded Bathroom, Crown Moulding, Mirrored Closet Doors, Laundry Room And A 2 Car Attached Garage. With City Of Los Angeles Building And Safety's Approval, The 2 Car Attached Garage May Have The Potential Of Being Converted Into An "Adu" Accessory Dwelling Unit Or 2 Additional Bedrooms. Buyer And Buyer's Agent Are Responsible For Verifying Any Potential Conversions With The City Of Los Angeles' Department Of Building And Safety For Approval. Buyer And Buyer's Agent Are Responsible For Verifying All Existing Property Building Permits Issued By The City Of Los Angeles' Building And Safety Department......Please Thouroughly Review All Attached Mls Supplements That Includes The Report Of Residential Property Records And A List Of Building Records From The City Of Los Angeles' Building And Safety Department......Property Is Completely Fenced And Has An Open Patio Deck Between The 2 Homes. Seller States That Upgraded Electrical Panels, Upgraded Windows And Upgraded Roofs Have Been Installed. Units Have Separate Electric And Gas Meters. This Is An Excellent Investment Property For An Investor Seeking Cash Flow From 2 Homes Or A Buyer Wanting To Live In One Home And Receive Rental Income

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6703 2nd Avenue
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Location
6703 2nd Avenue Los Angeles, CA 90043
Home Details

Listing Details

General

  • Total Number of Units: 2

    Interior Details

    Utilities

    • Heating Details: Wall Furnace
    • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Rooms

    • Rooms: All Bedrooms Down, Center Hall, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk In Closet

      General

      • Appliances: Dishwasher, Disposal, Free Standing Range, Gas Range, Range Hood, Refrigerator, Water Heater
      • Fireplace Features: Living Room
      • Interior Features: Ceiling Fan s, Crown Molding, Granite Counters, Open Floorplan, Stone Counters
      • Flooring: Laminate, Tile
      • Fireplace: Living Room

      Financial Details

      HOA

      • Association Amenities: Curbs, Sidewalks, Street Lights, Urban

        Tax Details

        • Zoning: LAR1

          Property Details

          General

          • Lot Features: Corner Lot, Front Yard, Lawn, Near Public Transit, Park Nearby, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Utilities Overhead, Yard
          • Stories: One, 1
          • Fencing: Chain Link, Stucco Wall, Wood
          • Spa: Yes
          • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
          • Water Source(s): Public
          • Road Surface: Paved

          Construction Details

          • Architectural Style: Spanish
          • Foundation Details: Raised, Slab

          Parking

          • Parking Features: Covered, Garage, Garage Single Door, Garage Faces Side, On Site, Side by Side
          • Garage: 2 0
          • Other Parking: Covered, Garage, Garage Single Door, Garage Faces Side, On Site, Side by Side

          Location Details

          View

          • View Details: Neighborhood

            Region

            • City/Region: C34 Los Angeles Southwest

              MLS Details

              General

              • Days on Homes.com: 45
              • MLS Number: SB21153756
              • Listed: 10/23/2021
              • Last Updated: 11/30/2021
              • Offered By: Heard Real Estate Company, Inc.
              • Listing Source: California Regional Mls
              Monthly Payment Calculator

              $4,085

              Estimated Mortgage
              Principal & Interest
              $2,918
              Insurance
              $303
              Taxes
              $865
              Mortgage Insurance
              $0
              i
              Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
              i
              If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
              Price History
              • DateEventPrice
              • 11/30/2021$110,000$865,000
                Source: California Regional MLS
              • 10/23/2021listed$975,000
                Source: California Regional MLS
              Nearby Schools
              • 74th Street Elementary School
                Class size: 23Distance: 0.45 mi
                C+
              • Horace Mann Middle School
                Distance: 0.50 mi
              • Crenshaw Magnets- Science Tech Engineer Math And Medicine
                Class size: 18Distance: 1.45 mi
                D
              Points of Interest

              Airports

              Distance
              • Los Angeles International
                6.7 mi
              • Bob Hope
                18.3 mi
              • Long Beach-Daugherty Field
                19.3 mi

              Colleges

              Distance
              • Los Angeles Southwest College
                4.3 mi
              • University of Southern California
                5.4 mi
              • West Los Angeles College
                6.4 mi

              Military Bases

              Distance
              • Los Angeles Air Force Base
                7.1 mi

              Shopping Centers

              Distance
              • Strip Center at 7219-7231 S Western Ave
                0.9 mi
              • Strip Center at 2164-2172 W Slauson Ave
                0.9 mi
              • Strip Center at 3330 W Florence Ave
                1.0 mi
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              Listing Agent
              Dwight Heard
              Heard Real Estate Company, Inc.License # 00816094
              Los Angeles, CA
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              $865,000

              6703 2nd Avenue

              Los Angeles, CA 90043

              Dwight Heard
              Heard Real Estate Company, Inc.