welcome to your next Investment, we are pleased to offer a spacious duplex in Los Angeles. Invest in LA and be part of its revitalization. This Property offers so much opportunity of added value such as being able to collect strong rents, not being subject to rent control & not having to be governed by strict growing rent control ordinances. This property features granite countertops, solid wood construction cabinets. Along with a spacious open concept floor plan. This property is a great investment for investors or home buyers looking to make a great investment. This property surpasses the needs of a modern Family. Investors take advantage of the easiest addition to your portfolio, this property features a 6% CAP Rate with room for improvement in a high Demand Market area. Call today as we are seeing higher challenges on entry for properties such as this one developers are facing stricter building regulations. This property has no down time and zero fix up cost take advantage today.
Listed by Miguel Valencia•DRE #02005003• Century 21 Realty Masters
Redfin checked: 1 minute ago (Oct 3, 2023 at 2:52am)
•Source:CRMLS #DW23169876
Home facts
Time on Redfin
21 days
Property Type
Duplex
Year Built
2016
Community
C34 - Los Angeles Southwest
Lot Size
5,600 Sq. Ft.
Price insights
List Price
$1,095,000
Est. Mo. Payment
$7,840
Redfin Estimate
$1,086,122
Price/Sq.Ft.
$312
Buyer’s Agent Commission
2%
Street View
Directions
Payment calculator
$7,840 per month
Principal and interest$6,407
Property taxes$1,141
Homeowners' insurance$292
Down payment
20% ($219,000)
Home price
$1,095,000
Loan details
7.97%
Additional resources
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Property details for 345 W 73rd St
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
On Upper Level
Interior Features
Entry Level: 1
Entry Location: front
Unit Type 1 Information
Unit Key Numeric: 11705463
Listing Key Numeric: 371911907
Actual Rent: $3,150
Total # of Baths: 3
Total # of Beds: 5
Furnished: Partially
# of Garage Spaces: 1
Total Rent: $3,150
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11705464
Listing Key Numeric: 371911907
Total # of Baths: 3
Total # of Beds: 5
Furnished: Partially
# of Garage Spaces: 1
Total # of Units: 1
Expenses
Total: $13,000
Insurance: $4,000
Water Sewer: $9,000
Multi-Unit Information
Net Operating Income: $75,200
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,506
Gross Scheduled Income: $88,200
Gross Income: $88,200
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Yard
Property Information
Total # of Units: 2
Common Walls: No Common Walls
Parcel Number: 6031003034
Total # of Stories: 2
Year Built Source: Appraiser
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $13,000
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: None
Location
Neighborhood Information
Community Features: Sidewalks, Street Lighting, Urban
Location Information
Latitude: 33.97397500
Longitude: -118.27992400
Directions: Off Broadway and Florence
Zoning: LAR2
Other
Listing Information
Buyer Agency Compensation: 2.000
Buyer Agency Compensation Type: %
Listing Agent Information
List Agent First Name: Miguel
List Agent Last Name: Valencia
Listing Office Information
List Office Name: Century 21 Realty Masters
Details provided by CRMLS and may not match the public record. Learn more.
Sale and tax history for 345 W 73rd St
Sale History
Tax History
Public facts and zoning for 345 W 73rd St
Beds
10
Baths
6
Finished Sq. Ft.
3,506
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,506
Stories
—
Lot Size
5,600 Sq. Ft.
Style
Multi-Family (2-4 Unit)
Year Built
2016
Year Renovated
2016
County
Los Angeles County
APN
6031003034
Home facts updated by county records on Sep 28, 2023.
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
Public, 9-12 • Serves this home • 1.4mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 345 W 73rd St
77/100
Very walkable
Walk Score®
62/100
Good transit
Transit Score®
72/100
Very bikeable
Bike Score®
Places
3 groceries, 21 restaurants, 0 parks
Transit
10/48, 110, 111, 204, 45, 51, 754, 81
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Minimal
Unlikely to flood in next 30 years
Fire Factor - Minimal
Unlikely to be in a wildfire in next 30 years
Heat Factor - Major
6 days above 88° expected this year, 20 days in 30 years
Wind Factor - Minimal
Minimal risk of severe winds over next 30 years
Provided by First Street Foundation
Redfin Estimate for 345 W 73rd St
$1,086,122
$8,878 under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $660K to $930K..
345 W 73rd St is a 3,506 square foot multi-family home on a 5,600 square foot lot with 10 bedrooms and 6 bathrooms. 345 W 73rd St is a multi-family home currently priced at $1,095,000.
How many photos are available for this home?
Redfin has 52 photos of 345 W 73rd St.
How much is this home worth?
Based on Redfin's Los Angeles data, we estimate the home's value is $1,086,122
How long has this home been listed on Redfin?
345 W 73rd St has been listed on Redfin for 22 days since September 11, 2023.
When was this home built and last sold?
345 W 73rd St was built in 2016.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in Florence, this home's neighborhood, is somewhat competitive. Homes sell for about 1% above list price and go pending in around 52 days. Hot homes can sell for about 3% above list price and go pending in around 18 days. Compared to nearby markets, Florence is more competitive than Downtown Los Angeles and less competitive than Boyle Heights.