1129 E 71st Street, Los Angeles, CA 90001

$795,000
5
BD
3
BA
2,000
SqFt

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List Price
$795,000
Status
ACTIVE
MLS#
26851431
Year Built
1924
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,000
Lot Size
6,129
Acres
0.14
Days on Market
25
Property Type
Multifamily
Stories
One Level

Property Description

First time on the market in several years, this triplex residential property features three one-bedroom units. The triplex consists of one duplex and a one bedroom one bath rear house. One unit is currently vacant. Long term tenancy may explain the rents, however, there exists a very lucrative upside soon for the astute investor. Interior inspection only upon an accepted offer. Drive by only. DO NOT DISTRUB TENANTS! Centrally located within minutes of downtown Los Angeles, this location provides access to major shopping areas in downtown Los Angeles, minutes from nearby educational opportunities with University of Southern California, Los Angeles City College, with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall and many more. Property is sold in "its current present condition." Buyer to rely solely on Buyer's independent investigations. Drive by only. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on buyer's inspections and investigations. Property is sold for All Cash, or Cash to New Loan. The seller shall select all services, including escrow, title services and pest control services, if applicable. Please contact listing agents for more information. The seller shall participate in a 1031 exchange as a result of this transaction. Seller requests Buyer's cooperation in such exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Luther Henderson (LLH3RealEstate@aol.com) from Listing Office: Realty Executives Westside.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.