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902 E. 97th Street $1,050,000

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    902 E. 97th Street Los Angeles, CA 90002

    • 0 Beds
    • 0 Baths
    • 3,749 sq. ft.
    • Multi-Family
    • MLS# SB22133611
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    Views: 5 Days On Market: 56

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    Property Details

    With a little bit of work, this property could be turned into a real money-maker! If you're looking for an opportunity to invest in real estate, this is it! This completely vacant three-unit property consists of two rental units and another building structure that used to be a church with 2 bathrooms. The property is a corner lot location which makes the property highly visible. The front house is a 3 bedroom 1 1/4 bath, the 2 unit is 1 bedroom 1 bath. Each unit has its own gas and electricity meter. There is also a storage unit on the property. The property is fully fenced with two driveways and there is a lot of parking. With some work, this could be a great investment that generates substantial income. This property is minutes away from some of Los Angeles' greatest attractions Staples Center, USC, So-Fi Stadium, LA Memorial Coliseum, and California Science Museum. Don't miss out on this chance to get started in the real estate market!

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • Community Features Sidewalks
      • County Or Parish Los Angeles
      • Number Of Buildings 3
      • Number Of Separate Electric Meters 1
      • Number Of Separate Gas Meters 1
      • Number Of Separate Water Meters 1
      • Number Of Units Leased 0
      • Number Of Units Total 3
      • Property Condition Fixer
      • YearBuilt 1946
    • Building Features
      • Cooling None
      • Fireplace Features Family Room
      • Heating Floor Furnace
      • Laundry Features Individual Room,Washer Hookup
      • Levels One
    • Property Features
      • Fencing Chain Link
      • Lot Size Acres 0.22
      • Lot Features Corner Lot
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 4.00

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    Neighborhood

    90002 (Los Angeles) Demographics

    28 Median Age
    17,440 Population Density (per sq. mile)
    10% College Educated
    $42,245 Estimated Median Income
    4,898 Estimated Total Home Owners
    8,063 Estimated Total Renters
    38% / 62% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    53,402 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $537,500 Median Sales Price
    9 Homes Sold
    18 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,050,000
        6/23/2022 4:05:00 PM New in Database Source: Multiple Listing Service New Value: $1,050,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/18/2022 10:36:26 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.