447 W 69th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE UNDER CONTRACT$599,000
447 W 69th Street, Los Angeles, California 90003
0Bed
0Bath
2,412Sqft
5,250Lot
Year Built
1929
Close
-
List price
$599K
Original List price
$699K
Price/Sqft
$248
HOA
-
Days on market
-
Sold On
-
MLS number
WS24136906
Home ConditionPoor
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $599.0K(24th), sqft - 2412(76th), beds - undefined(50th), baths - undefined(50th).
Convenience location three units on a lot. Close to school, shopping, restaurant and freeway. Two units are two bedrooms, one bath. One unit is one bedroom, one bath. Long term tenants. Don't miss this great opportunity. Broker/agent does not guarantee accuracy of square footage, lot size, rooms count, ordinances, zoning, rent control, permits, school district and other information concerning the condition or features of the property. Buyer/agent are advised to verify the accuracy of all information.
Price History
Date
Event
Price
04/01/25
Sold
$300,000
06/09/06
Sold
$485,000
03/25/05
Sold
$1,934,545
Condition Rating
Poor
The property was built in 1929 and the description mentions long-term tenants, suggesting it hasn't been significantly updated recently. The images show outdated interiors. Given the age and likely lack of major renovations, it likely requires substantial repairs and rehabilitation.
Pros & Cons
Pros
Income Potential: Property features three units on one lot, providing immediate rental income.
Convenient Location: Close proximity to schools, shopping, restaurants, and freeways enhances tenant appeal.
Price Improvement: The list price has been reduced from the original list price, potentially offering a good investment opportunity.
Cons
Age of Property: Built in 1929, the property may require updates or maintenance due to its age.
Buyer Due Diligence Required: The listing emphasizes that the buyer/agent must verify all information, suggesting potential uncertainties regarding property details.