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640 S Mott Street, Los Angeles, CA 90023$725,000

3
beds
2
baths
· 5494
ft2 lot

Listing provided courtesy of Liza Kumjian-Smith, COMPASS
Source bridgeMLS;
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Here is your opportunity to acquire a desirable duplex for your investment portfolio in a high demand rental area. Located in the quaint neighborhood of Boyle Heights this income producing property rests just outside Downtown Los Angeles offering the charm of a suburb with the amenities and entertainment of the city just minutes away. Duplex is 2+1 and 1+1 and has a long driveway for plenty of off street parking. Both units will be delivered with tenants who are paying current market rent, are up to date with their payments, and pay on time. The property is currently managed, which you can keep in place, or manage yourself. This is a great investment opportunity!

HOA

No HOA

On market

4 months

Year built

1922

Property type

Duplex

Parking

MLS

CRP1-10041

Price / Sq.Ft.

ft2

Status

Active

Buyer’s Brokerage Commission

2.25%

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Home details for 640 S Mott Street

Interior Features & Layout
Appliances
•   
Laundry Appliances: Dryer, Washer, Other, Inside Area
•   
Additional Equipment: Other
Flooring
•   
Flooring: Tile, Wood
Rooms Info
•   
Unit 2 Baths: 1
•   
Unit 2 Beds: 2, 1
•   
Unit 1 Bathrooms: 1
Heating & Cooling
•   
Cooling Details: Window/Wall Unit(s)
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 2
Parking Info
•   
Parking Spaces Unit 2: 1
•   
Parking Details: Other
Building Info
•   
Building Type: DUPLEX
•   
Mls Prop Type: DUPLEX
•   
Building Age: 1154
Lot Info
•   
Zoning: LAR2
•   
Lot Description: Other
•   
Acres: 0.13
Property Type
•   
Mls Property Type: RESIDENTIAL INCOME
Exterior Features
•   
Exterior Features: Wood Fencing
Utilities & Other Information
Other
•   
Fips Code: 06037
Water & Sewer Info
•   
Water / Sewer: Sewer System - Public, Water - Public
Utilities
•   
Utility Meters: Electric, Gas, Water
Listing Details, Costs & Financing Information
Lease Info
•   
Possession: COE
•   
Net Operating Income: 39130
•   
Monthly Rent Unit 1: 2055.00
•   
Monthly Rent Unit 2: 1900.00
•   
Rental Income Annual: 3678
Financial Info
•   
Gross Income: 44140
Terms
•   
Terms: Other
•   
Sale Or Rent: For Sale
Listing Info
•   
Status Category: Active
•   
Status: Active
Listing Contacts
•   
Listing Agent Usercode: CR132251573
•   
Listing Agent First Name: Liza
•   
Listing Agent Last Name: Kumjian-Smith
Tax/Assessment Info
•   
Apn: 5185024020
School Neighborhood & Directions
Location
•   
Directions: The property is close to the 10, the 5 and the 60
•   
Address: 640 S Mott Street, S
•   
Address Search Number: 640
Other
Calculation
•   
List Price Per Sqft: 628
•   
Cdom Mls: 105
•   
Cdom: 106, 105

Property History for 640 S Mott Street

06/17/2022
06/17/2022
EBRD/CCAR/Bay East #CRP1-10041
active
EBRD/CCAR/Bay East #CRP1-10041
$725,000

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