1147 E 71st Street, Los Angeles, CA 90001

About this single-family home

Reduced...GREAT BUY REGULAR SALE THIS IS A 3BED AND 2BATH HOUSE NEWLY REMODEL LOCATED IN A GREAT NEIGHBORHOOD,GREAT FLOOR PLAN,LONG DRIVEWAY FOR EXTRA PARKING,THIS HOUSE HAS BEEN COMPLETELY UP GRADED WITH NEW KITCHEN CABINETS,GRANITE COUNTER TOPS,BEAUTIFUL BATHROOMS,NEW WINDOWS, new water heater, electric panel, storage, and unit in garage. IRON FENCING FOR PRIVACY AND SECURITY,ALSO FEATURES LOTS OF PRODUCING FRUIT TREES.TURKEY PROPERTY YOUR BUYERS WILL LOVE IT, IT'S A MUST SEE, MAKE YOUR OFFER, PRICED TO SELL. Extra extra extra OWN for FREE. Property will pull $5300 gross monthly income (potentional). Currently family occupied, no tenant issues. R3 Zoned Income Producing Single Family Residential property. The house features a step down master bedroom with bathroom. New kitchen and bathrooms, and tile and hardwood oak flooring. Property has hooks ups for washer and dryer inside and outside. New windows . Unit is in the back. New high metal fencing for privacy. The studio unit has kitchen and bathroom. The existing storage structure can be turned into another unit, by somebody, which will be added value of at least $1700 more, plus the rent on the studio (1100), and the rent for the house (2500) your looking a $5300 gross/mnth. A POSITIVE CASH FLOW APPROX 20K A YEAR or more. This property is near the SOHO NFL stadium, the Metro Link, shopping, schools. It is in the County of L.A. Close to the Ocean, DTLA, this property will go fast to an owner operator with minimal down, or an investor. You can tear this down and build, like the one across the street since it is R3. Garage conversion is not permitted.

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$545,000

Sold June 2021 · orig. $550,000, on market March 2021 · MLS #SR21061054 · Source: CRMLS

Listing Agent: Jesse Torrero · Listing Office: Jesse Torrero · Contact: 818-800-1343 · Bought with: Norma Lopez · Nationwide Real Estate Execs

$240,000

Sold October 2012 · listed $234,000, on market September 2012 · MLS #Y1204675 · Source: CRMLS

Listing Agent: Christian Limon · Listing Office: Century 21 A Better Service · Contact: 562-806-1000 · Bought with: Jose Villa · Century 21 Arroyo Seco

$120,000

Sold May 2012 · listed $131,300, orig. $150,000, on market December 2011 · MLS #11571675 · Source: CRMLS

Listing Agent: Andrew Storey · Listing Office: Blake Peter Properties · Contact: 619-861-8778 · Bought with: Subscriber Non · Non-Participant Office

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