671 W 62nd Street
Property Overview
BUILT IN 2021 | NO RENT CONTROL LA CITY RSO | ALL UTILITIES INCLUDING WATER PAID BY TENANTS | SEPARATELY METERED | FULLY PERMITTED |ONE UNIT VACANT Built in 2021, this well-maintained duplex offers a great opportunity for investors and owner-users. Water, electricity, and gas are separately metered, and each tenant pays their own utilities, helping keep the owner's operating expenses very low and more low. The seller's regular monthly service expenses are only approximately $45 for pest control and $40 for gardening. The property features a spacious 5 Bed / 3 Bath unit and a 4 Bed / 3 Bath unit. The 5-bedroom unit is currently vacant, offering an excellent opportunity for an owner-user or the ability to lease it at current market rent. The property has been professionally managed and well maintained. Solar panels are installed. Great opportunity for an owner-user, investor, or 1031 Exchange buyer looking for a newer income property with separate utilities, low operating costs, and strong rental potential. Buyer to independently verify all property information, including rents, expenses, CAP rate, utility metering, rent control status, permits, square footage, and all investment calculations, and to conduct their own due diligence. Easy showing for the vacant unit.
Home Details
- Property type
- Residential Income
- Year built
- 2021
- Living area
- 3,640 sq ft
- Lot size
- 5,402 sq ft
- Parking
- 8 spaces
- Garage
- 3 spaces
- Days on market
- 3
- MLS status
- Active
- Architectural style
- Modern
- Zoning
- LAR4
Features & Amenities
Appliances
- Dishwasher
- Disposal
- Refrigerator
Parking
- Covered
- Door Multi
- Garage
- Uncovered
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- Central
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 671 W 62nd Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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