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1300 E 71St St, Los Angeles, CA 90001
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1300 E 71St St Los Angeles, CA 90001

$1,179,900
  • 9 Beds
  • 6 Baths
  • 3,908 Sq.Ft.
For Sale
$1,179,900 Get Pre-Qualified
Map preview of 1300 E 71St St, Los Angeles, CA 90001

Property Overview: 1300 E 71St St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 3,908 living square feet and 6,831 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: No Rent Control! Situated in the Los Angeles unincorporated area. Seller Motivated! This triplex offers three units, each featuring 3 bedrooms, 2 bathrooms, and an attached 2-car garage. With a spacious layout and modern amenities, this property is perfect for seasoned investors. Built in 2000, boasts a contemporary design and functionality. It sits on a generous lot size of 6,831 square feet, providing ample outdoor space for residents. With a potential monthly rental income of up to $12,000, this property presents a lucrative investment opportunity. Whether you're seeking supplementary rental income or an investor looking for a high-yield property, this triplex fits the bill. Buyers are encouraged to conduct their due diligence, as the property is sold in its As-Is condition. Situated in the Los Angeles incorporated area, this property offers stability and growth potential without the constraints of rent control. It is for YOU, so don't wait!

Listed by Koeun Hwang | BRE #01718399 | Happy Haus Inc.
Co-listed by Chang Soo Lee | BRE #01915374 | Urban Real Estate, Inc.
Last checked: 14 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 47
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Home details

Lot Sq. Ft
6,831
HOA Dues
$0/mo
Year built
2000
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362485
City
Los Angeles
County
Los Angeles
Time on Site
53 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,012
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $3,915
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,012
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $3,915
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,052
  • Total Rent: $2,052
  • Pro Forma/Market Rent: $3,915
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $55,676
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $14,875
  • Insurance: $2,380

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Property Details for 1300 E 71St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Covered, Parking Space
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 6010025001
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Hooper, North of Florence
View more facts & features

Local Los Angeles Agent

Sale History for 1300 E 71St St

Last sold for $950,000 on August 4th, 2023

  • February, 2024

  • Feb 26, 2024

    Date

    Active

    CRMLS: 24362485

    $1,199,900

    Price

  • August, 2023

  • Aug 4, 2023

    Date

    Sold

    CRMLS: PW23099799

    $950,000

    Price

  • Jun 9, 2023

    Date

    Active

    CRMLS: PW23099799

    $980,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex with 3Bed 2Bath and attached 2-car garage per unit. Excellent Investment property opportunity with upside rent potential. Located near restaurants, shopping centers, and major transportation 110 and 105 Freeway. Perfect for Owner-Occupant or Investors looking for income-producing property. Must See Property. Buyer/Agents to verify the accuracy of information.

  • April, 2023

  • Apr 29, 2023

    Date

    Expired

    CRMLS: PW22236805

    $995,000

    Price

  • Nov 5, 2022

    Date

    Active

    CRMLS: PW22236805

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to announce our newest listing in the city of Los Angeles. This triplex boast 3 Bedroom and 1 Bathroom in each unit. Each unit gets its own double-car garage. New ownership can possibly convert garages into an extra large ADU or leave them for tenants. Additionally, the property has been well maintained and has an estimated 35%+ upside in rents. This property is ideal for an investor looking for a property in an appreciating market or an owner user. Located a few blocks away from main shopping centers, Prime location, close to USC, LAX, Beach, the 105 freeway, and major employers. The broker/ Agent doesn't guarantee the accuracy of space footage, lot size, ordinance, zoning, rent control, permits, school district, and other information concerning the condition and features of the property. Buyers/Agents are advised to verify the accuracy of all information.

  • October, 2022

  • Oct 13, 2022

    Date

    Expired

    CRMLS: DW22074678

    $995,000

    Price

  • Apr 13, 2022

    Date

    Active

    CRMLS: DW22074678

    $995,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2021

  • Dec 3, 2021

    Date

    Pending

    CRMLS: CV21159558

    $980,000

    Price

  • Sep 3, 2021

    Date

    Pending

    CRMLS: CV21159558

    $980,000

    Price

  • Jul 21, 2021

    Date

    Active

    CRMLS: CV21159558

    $980,000

    Price

  • Listing provided courtesy of CRMLS

    Three unit modern styled townhomes. Each designed as a two story home with a two car garage, walk in closets, 3 bedrooms, 2 baths, and very spacious. Property in need of some TLC, however, offers short distances to commercial businesses.

  • August, 2002

  • Aug 1, 2002

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

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Tax History for 1300 E 71St St

Assessed Value (2020): $521,080
Year Land Value Improved Value Assessed Value
2020 $181,165 $339,915 $521,080

Home Value Compared to the Market

This property vs the competition

1300 E 71St St is listed 5.61% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $301.92 per/sqft which puts the price per square foot 60.94% lower than the median price per square foot for the city of Los Angeles.

About 1300 E 71St St

Detailed summary of property

1300 E 71St St is a multi family located in Los Angeles, CA 90001 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 3,908 living square feet, and sits on an approximately 6,831 square foot lot. 1300 E 71St St was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $1,179,900 and was originally asking $1,199,900. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 5.61% lower than the median priced home. Local competing homes currently for sale include 8141 Zamora Ave, 1402 E 58th St and 348 E 68th St. While the average home in Los Angeles, CA is selling in 97 days, 1300 E 71St St has a days on market of 47 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. For more information on this home for sale at 1300 E 71St St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1300 E 71St St

Public county record property details
Beds
9
Baths
6
Year built
2000
Sq. Ft.
3,908
Lot Size
6,829
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
729
APN
6010-025-001

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$547
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$495
Total Inventory
35
Median Sale to List Price %
120%
Avg Days on Market
22
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (66.67%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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