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848 W 68th Street

Los Angeles (City), CA 90044
  • $995,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 22178073
Open House
UPDATED: 29 min ago
$995,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,375
    SQFT
  • $419
    $/SQFT
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Richard Schulman of Kw Advisors (310-482-2200) and Manjeet Bhasin of Kw Advisors(310-482-2200)


Description

Fantastic opportunity to own four newly fully renovated units on one lot. A rare opportunity to live in one of the units while generating income at current market value from the other 3 units or generate income on all 4 units. Two units will be delivered vacant while two units will be delivered tenant occupied. This property also has a large covered patio area which can be used to create a great relaxing backyard oasis or a bbq area. All 4 units have been updated with quartz countertops, appliances and newer floors with contemporary tiles or refinished original hardwood floors. Vacant units include; 1.) The fully renovated beautifully designed front house which has 1 bedroom/1 bathroom with an office, a large formal dining room that is open into the living room which makes for a great entertaining space. 2. ) The 2 bedroom/1 bathroom in the back duplex house. This 2 bedroom has a spacious living room with a full kitchen and a walk-in closet off the primary bedroom. Tenant Occupied Units; 3.) The 1 bedroom/1 bathroom is currently rented for $1500. This unit has a full kitchen, living room and nice size bedroom. 4.) The Studio room is currently rented for $900. The studio is attached to the front house and has a separate entrance from the side of the front home. If it is vacant it could be used in the future as an additional bedroom, filming or recording studio, gym, recreation room, or a larger additional office which could be rented out separately or added into the front house rental.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T21:35:42.13. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/130956949
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848 W 68th Street Los Angeles (City), CA 90044

  • Price: $995,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 29 min ago
  • ID#: 22178073
5
Beds
0
Baths
0
½ Baths
0.16
Acres
2,375
SQFT
$419
$/SQFT
1928
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Fantastic opportunity to own four newly fully renovated units on one lot. A rare opportunity to live in one of the units while generating income at current market value from the other 3 units or generate income on all 4 units. Two units will be delivered vacant while two units will be delivered tenant occupied. This property also has a large covered patio area which can be used to create a great relaxing backyard oasis or a bbq area. All 4 units have been updated with quartz countertops, appliances and newer floors with contemporary tiles or refinished original hardwood floors. Vacant units include; 1.) The fully renovated beautifully designed front house which has 1 bedroom/1 bathroom with an office, a large formal dining room that is open into the living room which makes for a great entertaining space. 2. ) The 2 bedroom/1 bathroom in the back duplex house. This 2 bedroom has a spacious living room with a full kitchen and a walk-in closet off the primary bedroom. Tenant Occupied Units; 3.) The 1 bedroom/1 bathroom is currently rented for $1500. This unit has a full kitchen, living room and nice size bedroom. 4.) The Studio room is currently rented for $900. The studio is attached to the front house and has a separate entrance from the side of the front home. If it is vacant it could be used in the future as an additional bedroom, filming or recording studio, gym, recreation room, or a larger additional office which could be rented out separately or added into the front house rental.
Exterior Features

Carport Spaces 3 Carport YN Yes Parking Features Carport Parking Total 5

Interior Features

Appliances DishwasherMicrowaveRefrigerator Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating Floor Furnace Heating YN Yes

Property Features

Association YN No Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 2 Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T21:35:42.13. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Richard Schulman of Kw Advisors (310-482-2200) and Manjeet Bhasin of Kw Advisors(310-482-2200)