3641 Lanfranco Street Los Angeles, CA ^$ 1,475,000

3641 Lanfranco Street

^$ 1,475,000

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3641 Lanfranco Street

Los Angeles, CA, 90063

^$ 1,475,000

Bedrooms7 Baths7.0 Sq 3,179

Monthly Estimate*

^$ 10,303

Listed by Nourmand & Associates-HW

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3641 Lanfranco Street, Los Angeles, CA 90063 - Image 10

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Multi-Family Home for sale in Los Angeles, CA

for $1,475,000 with 7 bedrooms and 7 full baths. This 3,179 square foot home was built in 1905 on a lot size of 0.2615.

Newly Priced! East LA- 5.61% Cap (with the possibility of the Cap rate of getting close to 6% with rent increases in August 2024) Great investment property situated on a huge 11,387 Sq Ft lot. Not subject to LA's (RSO) Rent Stabilization Ordinance. 3 separate buildings and each unit has NO shared walls. 2 driveways with a lot of room for parking. Close to Mariachi Plaza/Boyle Heights and a short distance to DTLA, Crypto/LA LIVE, Dodger Stadium, & Cal State LA. High rental demand area and great unit mix. (2- 2+1, 1 4+3, and one Studio) Convenient and quick access to 5, 60, and 10 freeways. Shown with accepted offer only. 100% Tenant Occupied. Do not walk on the property or disturb tenants. Agents READ private comments.

Multi-Family Active

Price

^$ 1,475,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.2615

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24349373

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning LCR4YY

Architectural Style Traditional

Year Built 1905

Stories 2

Levels Two

Gross Income 120156.0

County Los Angeles

Net Operating Income 84156.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions S of 60 Freeway East of Indiana North of Whittier Blvd

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 3

MLS Area ELA - East Los Angeles

Lot Size Square Feet 11390.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Lanfranco

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 67

Standard Status Active

Cap Rate 5.43

Exterior

Parking Features Carport Driveway

Total Parking 8.0

Lot Size Area 11390.0

Number of Buildings 4

Spa N

Building Area Total 3179.0

Lot Size Acres 0.2615

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 7

Electric On Property Y/N N

Total Baths 7

Internal Only

Street Number 1 3641

* Excluded Features

List By

Nourmand & Associates-Hw

Broker

(323) 422-2244

Phone

Affordability Calculator

$10,303

Per Month

Monthly Principal & Interest: $10,303
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 36%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$1,475,000	-1.67%	Price Down
3/15/2024	$1,500,000	-3.23%	Price Down
1/26/2024	$1,550,000		Listed Price

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3641 Lanfranco Street, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,475,000 with 3,179 sqft and a lot size of 0.2615. 3641 Lanfranco Street has 7 bedrooms, 7.0 baths, and was built in 1905. The property's zip code is 90063 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. 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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3641 Lanfranco Street

Multi-Family Home for sale in Los Angeles, CA

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