503 W 79th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$975,000
503 W 79th Street, Los Angeles, California 90044
0Bed
0Bath
900Sqft
6,502Lot
Year Built
2006
Close
-
List price
$975K
Original List price
$975K
Price/Sqft
$1,083
HOA
-
Days on market
-
Sold On
-
MLS number
SB25062285
Home ConditionGood
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $975.0K(79th), sqft - 900(9th), beds - undefined(50th), baths - undefined(50th).
This unique duplex, formerly a commercial property, now offers two well-maintained residences on a spacious corner lot. The primary home at 503 79th was built from the ground up in 2006 and features beautiful ceramic flooring in the kitchen and living room. The second home at 511 79th has been thoughtfully updated over the years with new walls, doors, and windows, blending classic charm with modern comforts. Both homes offer parking for up to five vehicles each, well-kept kitchens and bathrooms, and recent upgrades, including new toilets and bathtubs. Currently tenant-occupied with consistent, on-time rent payments, this property presents an excellent investment opportunity or a chance to own a multi-unit home in a desirable location.
Nearby schools
4/10
Manchester Avenue Elementary School
Public,•1-6•0.7mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•0.7mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.7mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.7mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.8mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.9mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.1mi
3/10
Loren Miller Elementary School
Public,•K-6•1.3mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•0.9mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.1mi
2/10
John Muir Middle School
Public,•6-8•1.4mi
1/10
Horace Mann Junior High School
Public,•6-8•1.7mi
3/10
John C. Fremont Senior High School
Public,•9-12•0.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.2mi
2/10
George Washington Preparatory High School
Public,•9-12•2.4mi
9/10
Middle College High School
Public,•9-12•3.4mi
Condition Rating
Good
The primary residence was built in 2006, placing it within the 10-20 year age range for a 'Good' condition score. The listing explicitly states both residences are 'well-maintained' with 'well-kept kitchens and bathrooms' and 'recent upgrades, including new toilets and bathtubs.' The second unit has also been 'thoughtfully updated over the years with new walls, doors, and windows.' While interior images are not available to assess specific styles or appliance ages, the description strongly suggests a move-in ready property with functional and maintained systems, aligning with the 'Good' criteria.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Income-Generating Asset: The property is currently tenant-occupied with consistent, on-time rent payments, offering immediate and stable rental income for investors.
Multi-Unit Configuration: As a duplex with two separate residences, it provides versatile living arrangements, allowing for owner-occupancy with rental income or dual income streams.
Ample Parking & Corner Lot: Situated on a spacious corner lot, the property boasts generous parking for up to five vehicles per unit, a significant advantage in the Los Angeles market.
Recent Updates & Well-Maintained: Both residences are described as well-maintained, with recent upgrades including new toilets and bathtubs, and updated walls, doors, and windows in the second home.
Modern Primary Residence: The primary home was built from the ground up in 2006, featuring ceramic flooring in the kitchen and living room, indicating a relatively modern and appealing living space.
Cons
Unusually Low Stated Square Footage: The total square footage of 900 sqft for a duplex with two residences appears exceptionally low, potentially indicating very small units or a data error that requires verification.
Mixed Age & Potential for Older Infrastructure: While one unit is newer (2006), the second unit has been 'updated over the years,' implying an older original structure that may still have underlying older infrastructure or varying maintenance requirements.
Subpar School Ratings: Several nearby public schools have low ratings (e.g., 2-3 out of 10), which could be a concern for potential buyers prioritizing school quality for their children.