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726 Columbia Ave

Los Angeles, CA 90017
  • $649,000
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: 21-748626
Price Reduced
UPDATED: 182 min ago
$649,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,803
    SQFT
  • $232
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1903
County:

School Ratings & Info

School District:

Description

This gated duplex is an investor dream in the heart of DTLA with tons of potential. Perfect to live in one unit and rent out the other! Lots of similar remodels and new builds nearby. Walking distance to the Figat7th Mall, LA Live, Staples Center, the Convention Center and all the eateries downtown has to offer! Interior condition and tenant status is unknown as the home is currently occupied so buyers must be willing/able to close while occupied and without an interior inspection. This property is owned by Southside Neighborhood Stabilization and was purchased at foreclosure post auction bid pursuant to SB 1079. SB 1079 was put in place to promote homeownership and therefore priority for offers are given to owner occupant buyers. Buyers must provide a notarized affidavit that the agent will supply that states they intend to live in the property. Secondary priority will be given to investors who sign an affidavit stating they plan to rehab and sell the property to an owner occupant. Third priority is to investors who sign an affidavit stating they intend to rehab the property and provide affordable housing.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-25T23:42:30.403. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/118232664
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726 Columbia Ave Los Angeles, CA 90017

  • Price: $649,000
  • Status: Active
  • On Site: 225 Days
  • Updated: 182 min ago
  • MLS #: 21-748626
5
Beds
0
Baths
0
½ Baths
0.13
Acres
2,803
SQFT
$232
$/SQFT
1903
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
School District:
Los Angeles Unified
Property Description
This gated duplex is an investor dream in the heart of DTLA with tons of potential. Perfect to live in one unit and rent out the other! Lots of similar remodels and new builds nearby. Walking distance to the Figat7th Mall, LA Live, Staples Center, the Convention Center and all the eateries downtown has to offer! Interior condition and tenant status is unknown as the home is currently occupied so buyers must be willing/able to close while occupied and without an interior inspection. This property is owned by Southside Neighborhood Stabilization and was purchased at foreclosure post auction bid pursuant to SB 1079. SB 1079 was put in place to promote homeownership and therefore priority for offers are given to owner occupant buyers. Buyers must provide a notarized affidavit that the agent will supply that states they intend to live in the property. Secondary priority will be given to investors who sign an affidavit stating they plan to rehab and sell the property to an owner occupant. Third priority is to investors who sign an affidavit stating they intend to rehab the property and provide affordable housing.
Exterior Features

Direction Faces West Lot Description FencedStreet PavedSidewalksStreet Lighting Lot Size Area 5499 Other Structures None Parking Garage Driveway Gate Patio Features Porch - Front Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Style Traditional Tennis Court None Tennis YN No Total Parking 0 View Description City Lights View YN Yes Water Frontage None

Interior Features

Baths Total 2.00 Common Walls Attached Cooling Window Unit(S) Equipment Other Heating Other

Property Features

Assessed Total Value 194342 Disability Access None Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Water District Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Tiffanie Javier DRE# of The Financial Shop Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-25T23:42:30.403. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
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