Los Angeles, CA 90044 517 W 97th Street
$999,900
4 more
Presented By: Vibhor Vineet with Nanda Realty Inc.; 5624054854
Beds • 8
Baths • 4
SQFT • 3,271
Garage • 2
Year Built • 2010
Home Details
Built in 2010, this modern DUPLEX located at 517 W 97th Street, Los Angeles offers a total of 3,271 square feet of living space, thoughtfully divided into two spacious units. The front unit features 4 bedrooms and 2 bathrooms, while the rear unit boasts 5 bedrooms and 3 bathrooms, accommodating a variety of living arrangements. Each unit is designed with contemporary finishes, including big kitchen and family room for comfortable and stylish living environment. Situated on a huge 5,605 square foot lot, the property also includes ample parking with two garage spaces.
Generating a whopping $7050 gross rent per month, this duplex presents an excellent opportunity for investors seeking additional rental income. Its convenient location in Los Angeles offers easy access to local amenities, schools, and public transportation. Exceptionally high rental income makes this property a perfect fit for investors seeking long term positive cash flow on their investment.
Presented By: Vibhor Vineet with Nanda Realty Inc.; 5624054854
Interior Features for 517 W 97th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 517 W 97th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.56
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingNone
CountyLos Angeles
DirectionsClose to S Figueroa St and W Century Blvd
Electric On Property Y/NNo
Entry Location1
Garage Spaces2.0
Garage Y/NYes
Gross Income3000.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1562.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional
Lot Size Square Feet5605.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income65502.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Open Parking Spaces4.0
Operating Expense19098.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot83
Taxes$13,998
Tenant PaysElectricity, Gas
Total Actual Rent7250.0
Trash Expense0.0
ViewNone
Water Sewer Expense4500.0
Year Built2010
Year Built SourcePublicRecords
ZoningLARD2
Exterior for 517 W 97th Street
Building Area Total3271.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1287
Lot Size Area5605.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesGarage, OnSite
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
