2716 67th Street, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
ACTIVE$895,000
2716 67th Street, Los Angeles, California 90043
0Bed
0Bath
2,236Sqft
4,791Lot
Year Built
1923
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
RS24235518
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $895.0K(75th), sqft - 2236(88th), beds - undefined(50th), baths - undefined(50th).
"This property features two units, each with one bedroom and one bathroom and located on the lower level The buyer will also enjoy the bonus of a studio (permits to be verified by the buyer) along with a detached single-family residence. It's an excellent opportunity for an owner-occupied investment. New roof replaced. Don’t miss out on this unique investment opportunity!"
Nearby schools
2/10
Yes Academy
Public,•K-5•0.3mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.6mi
1/10
Lane (Warren) Elementary School
Public,•K-6•0.8mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.2mi
4/10
Centinela Elementary School
Public,•K-6•1.3mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.5mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.0mi
3/10
Windsor Hills Math Science
Public,•K-5•2.2mi
1/10
Horace Mann Junior High School
Public,•6-8•0.7mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•2.2mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.7mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.7mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.4mi
2/10
Inglewood High School
Public,•9-12•2.2mi
2/10
George Washington Preparatory High School
Public,•9-12•3.0mi
9/10
Middle College High School
Public,•9-12•5.5mi
Condition Rating
Poor
Built in 1923, this property features very dated kitchens and bathrooms with old cabinets, laminate countertops, older white appliances, and linoleum/vinyl flooring, indicating a need for substantial rehabilitation. While a new roof is a positive, the overall interior condition suggests major system upgrades (plumbing, electrical) are likely required due to the property's age and lack of visible modern renovations.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Strong Income-Generating Potential: Classified as a 'Residential Income' property and explicitly a 'Triplex' with multiple units (two 1-bed/1-bath units, a detached single-family residence, and a bonus studio), offering diverse rental income streams.
Owner-Occupied Investment Opportunity: Clearly marketed as 'an excellent opportunity for an owner-occupied investment,' appealing to buyers seeking to offset mortgage costs with rental income.
Recent Major Capital Improvement: The 'New roof replaced' significantly reduces immediate maintenance concerns and capital expenditure for the new owner.
Additional Flexible Space/Income: The 'bonus of a studio' provides extra rental income potential or versatile space for the owner/tenants.
Desirable Los Angeles Market: Located in Los Angeles, a robust and high-demand real estate market, which generally supports strong rental demand and long-term property appreciation.
Cons
Unverified Studio Permits: The 'bonus of a studio (permits to be verified by the buyer)' indicates a potential legal and financial risk, as unpermitted structures can lead to costly legalization processes or removal.
Advanced Age of Property: Built in 1923, the property is over a century old, suggesting potential for outdated systems (plumbing, electrical) and structural components that may require significant future maintenance or costly upgrades beyond the new roof.
Low-Rated Local Schools: The proximity to several schools with low ratings (predominantly 1s and 2s) could be a deterrent for families with children, potentially limiting the buyer pool or tenant demographic.