157 W 71 St, Los Angeles, CA 90003
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157 W 71 St Los Angeles, CA 90003

$639,900
  • 4 Beds
  • 3 Baths
  • 1,503 Sq.Ft.
For Sale
$639,900 Get Pre-Qualified

Map preview of 157 W 71 St, Los Angeles, CA 90003

Property Overview: 157 W 71 St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,503 living square feet and 5,096 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: The property features 2 units of (1) 2 bedroom, 1 bathroom, (2) 1 bedroom 1 Bathroom, (1) Car Garage . The front yard fully fence , there is plenty space for car parking in the drive way and the rear Alley Access . Perfect starter income property that sits minutes away from Downtown Los Angeles and offers access to all major freeways. PLEASE, DO NOT GO DIRECTLY TO THE PROPERTY, THIS IS TENANT-OCCUPIED. OFFERS ARE TO BE SUBJECT TO INTERIOR INSPECTION.

Listed by Jorge Inzunza | BRE #01342370 | Century 21 Affiliated
Last checked: 10 minutes ago | Last updated: August 29th, 2024 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
5,096
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
SW24143681
City
Los Angeles
County
Los Angeles
Time on Site
68 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $22,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $600
  • Electric: $100
  • Gas/Fuel: $1
  • Trash: $100
  • Insurance: $1,600
  • Water/Sewer: $1

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Property Details for 157 W 71 St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 North Exit Florence Avenue merge onto Grand right W 76th street , left Broadway , Right W 71 st
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 157 W 71 St

View property's historical transactions
  • July, 2024

  • Jul 12, 2024

    Date

    Active

    CRMLS: SW24143681

    $639,900

    Price

Tax History for 157 W 71 St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

157 W 71 St is listed 46.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $425.75 per/sqft which puts the price per square foot 44.56% lower than the median price per square foot for the city of Los Angeles.

About 157 W 71 St

Detailed summary of property

157 W 71 St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 4 bedrooms, 3 bathrooms, roughly 1,503 living square feet, and sits on an approximately 5,096 square foot lot. 157 W 71 St was first listed on ArdentRealEstateGroup.com on July 13, 2024. The homeowner is currently asking $639,900. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 46.67% lower than the median priced home. Local competing homes currently for sale include 7908 Towne Ave, 118 E 84th St and 242 W 58th St. While the average home in Los Angeles, CA is selling in 106 days, 157 W 71 St has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 157 W 71 St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 157 W 71 St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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.