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517 W 97th Street

Los Angeles (City), CA 90044
  • $999,900
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: RS25038488
UPDATED: 41 min ago
$999,900
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Listing Agent(s): Vibhor Vineet of Nanda Realty Inc. (619-806-2632)


Description

Built in 2010, this modern DUPLEX located at 517 W 97th Street, Los Angeles offers a total of 3,271 square feet of living space, thoughtfully divided into two spacious units. The front unit features 4 bedrooms and 2 bathrooms, while the rear unit boasts 5 bedrooms and 3 bathrooms, accommodating a variety of living arrangements. Each unit is designed with contemporary finishes, including big kitchen and family room for comfortable and stylish living environment. Situated on a huge 5,605 square foot lot, the property also includes ample parking with two garage spaces. Generating a whopping $7050 gross rent per month, this duplex presents an excellent opportunity for investors seeking additional rental income. Its convenient location in Los Angeles offers easy access to local amenities, schools, and public transportation. Exceptionally high rental income makes this property a perfect fit for investors seeking long term positive cash flow on their investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160720749
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517 W 97th Street Los Angeles (City), CA 90044

  • Price: $999,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 41 min ago
  • ID#: RS25038488
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2010
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Built in 2010, this modern DUPLEX located at 517 W 97th Street, Los Angeles offers a total of 3,271 square feet of living space, thoughtfully divided into two spacious units. The front unit features 4 bedrooms and 2 bathrooms, while the rear unit boasts 5 bedrooms and 3 bathrooms, accommodating a variety of living arrangements. Each unit is designed with contemporary finishes, including big kitchen and family room for comfortable and stylish living environment. Situated on a huge 5,605 square foot lot, the property also includes ample parking with two garage spaces. Generating a whopping $7050 gross rent per month, this duplex presents an excellent opportunity for investors seeking additional rental income. Its convenient location in Los Angeles offers easy access to local amenities, schools, and public transportation. Exceptionally high rental income makes this property a perfect fit for investors seeking long term positive cash flow on their investment.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features GarageOn Site Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.56 Common Interest None Community Features Urban Garage YN Yes Gross Income 3000 Gross Scheduled Income 84600 Insurance Expense 1562 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventional Net Operating Income 65502 New Construction YN No New Taxes Expense 13998 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 19098 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7250 Trash Expense 0 Water Sewer Expense 4500 Water Source Public Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Vibhor Vineet of Nanda Realty Inc. (619-806-2632)