503 W 79th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$899,000
503 W 79th Street, Los Angeles, California 90044
0Bed
0Bath
2,100Sqft
6,502Lot
Year Built
2006
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$428
HOA
-
Days on market
-
Sold On
-
MLS number
SB25149502
Home ConditionGood
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $899.0K(91th), sqft - 2100(88th), beds - undefined(5th), baths - undefined(5th).
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 home was built in 2006, placing it within the 10-20 year age range for a 'Good' score. The listing explicitly states both residences are 'well-maintained' with 'well-kept kitchens and bathrooms,' and recent upgrades include new toilets and bathtubs. The second home has also been 'thoughtfully updated over the years with new walls, doors, and windows.' While interior images are not provided to assess specific styles or appliance conditions, the description strongly indicates a move-in ready property with functional and maintained systems, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Strong Investment Opportunity: This duplex offers two well-maintained residences, currently tenant-occupied with consistent, on-time rent payments, providing immediate income and a proven investment track record.
Modern Construction & Updates: The primary home was built from the ground up in 2006, and the second unit has received thoughtful updates including new walls, doors, windows, toilets, and bathtubs, ensuring a good state of repair and modern comforts.
Exceptional Parking Capacity: Both homes offer ample parking for up to five vehicles each, a significant advantage in Los Angeles where parking can be a premium.
Spacious Corner Lot: The property sits on a generous 6,502 sqft corner lot, providing enhanced privacy, abundant natural light, and potential for outdoor living or future development.
Well-Maintained Interiors: Both units feature well-kept kitchens and bathrooms, with the primary unit boasting aesthetic ceramic flooring in the kitchen and living room.
Cons
Absence of Central Air Conditioning: The property description does not mention central air conditioning, which is a highly desired amenity in Los Angeles and its absence could be a significant drawback for comfort during warmer months.
Tenant Occupancy for Owner-Users: While ideal for investors, prospective owner-occupants would face the complexities of existing tenant leases and potential challenges in gaining possession of a unit.
Former Commercial Use Implications: The property's history as a 'formerly commercial property,' though converted, might present unique layout characteristics or require specific due diligence regarding zoning, permits, and long-term residential suitability.