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4612 Lomita Street, Los Angeles, CA 90019

Duplex · 3 recorded sales since 2013

4612 Lomita Street, Los Angeles, CA 90019 Sold September 2017 CRMLS
$695,000Sold September 2017

Listing Agent: Jessica Nieto (DRE #01923684) · Listing Office: Brooke Realty · Contact: 949-625-4269 · Bought with: Jessica Kim · Ivy Realty Co. · MLS #OC17195407 · Source: CRMLS

7,000 sqft
Lot Size
1928
Year Built
Duplex
Type
2
Stories
0
Garage
None
Cooling
WallFurnace
Heating
PeekABoo
View

About this duplex

PRICE REDUCTION--- 700K! Tremendous Short Term OR Long Term Investment Opportunity! You will Love this Duplex in MID CITY LA! The Property needs structural improvements and is price accordingly, Check out the comparable sales and development in the Area! Tons of opportunity and upside potential! Purchase for immediate cash flow or Value-Add! Two Side by Side 2 story Units on a HUGE Lot with a Backyard, multiple entrances to each unit making it convenient to enter/exit to parking, deck, or backyard. Unit Mix consists of (1) 4 Bedroom / 2 Bathroom 1,560 Sq Ft and (1) 3 Bedroom / 2 Bathroom 1,352 Sq Ft !! Both Units have been remodeled in last few years including updated kitchen/baths. Laundry Hook-Ups for each unit in the downstairs basement. The 3 bedroom is on Month to Month Agreement at $2,513/mo and the 4 bedroom is VACANT!!! Subject to the Rent Control Ordinance. Amazing Equity Opportunity!!! This Investment Property Will Not Last, If you are looking for a Fantastic ROI, look no further- Don’t Hesitate! Structural Report in the supplement section.

Listing description from the September 2017 sale, as reported to CRMLS.

Sale history

$695,000
Sold September 2017 · listed $700,000, on market June 2017 · MLS #OC17195407 · Source: CRMLS
Listing Agent: Jessica Nieto · Listing Office: Brooke Realty · Contact: 949-625-4269 · Bought with: Jessica Kim · Ivy Realty Co.
$695,000
Sold September 2017 · listed $700,000, orig. $750,000, on market June 2017 · MLS #OC17140180 · Source: CRMLS
Listing Agent: Jessica Nieto · Listing Office: Brooke Realty · Contact: 949-625-4269 · Bought with: Jessica Kim · Ivy Realty Co.
$580,000
Sold July 2013 · on market May 2013 · MLS #PW13083455 · Source: CRMLS
Listing Agent: Lucia Ulloa · Listing Office: Realty Executives All Cities · Contact: 562-925-1111 · Bought with: Marie Peters · Ram Financial & Investment Inc
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