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    Two-Unit Residential Income Property Title is generated by Realmo AI

    7908 Towne Ave, Los Angeles, CA 90003

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    For Sale
    $750,000

    Two individual units on one lot, sold as-is with a vacant fixer and tenant-owned appliances staying in place.

    Type:MULTI_FAMILY
    Added:
    Jan 6, 2024
    Days on Market:
    907
    Last Refresh:
    Jun 27 at 4:11 am

    Property Features for 7908 Towne Ave

    General Information

    Standard status
    Active
    Property subtype
    MULTI_FAMILY

    Building Details

    Year Built
    1931

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    Crystal Lee

    Listing office Crystal Lee, Broker

    Listing date Jan 6, 2024

    Source Milsteinestates

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Crystal Lee, Broker

    HighLights

    • Two individual house units on one lot (year built 1931).
    • Smaller house on the corner of 79th & Towne is vacant and described as a fixer needing repairs.
    • Property is sold as‑is with no further warranties or guarantees, including for city/county repair requirements and square footages.
    • Tenant‑owned appliances will remain with the tenant(s), who will stay as residing tenant(s).
    • Seller states no eviction will be done by the sellers.
    • No lockboxes available for entry access.

    Overview

    The property consists of two individual house units on the same lot. One unit is a smaller house located on the corner of 79th and Towne and is described as a fixer that is vacant and needs repairs. The title report states 4 bedrooms and 2 bathrooms, while the property presently shows a total of 5 bedrooms and 3 bathrooms. The entire property is being sold as-is, with no further warranties or guarantees related to city/county repair requirements, property square footages, or other property prospects.

    The listing notes there are no lockboxes for entry. Viewing is by appointment, and the tenant(s) are to remain as residing tenant(s). The tenant(s) own all of their appliances. The sellers state that no eviction will be done by the sellers, and buyers and their brokers/agents are expected to complete due diligence on all details before making an offer.

    This configuration may fit buyers seeking a two-unit residential income property where one unit is available for repair while the other remains occupied. Because the property is sold strictly as-is with repair responsibility shifted to the buyer, prospective purchasers should plan for inspection and verification of the unit count, bath/bedroom configuration, and overall condition as part of their underwriting and decision-making process.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.26714
    Latitude
    33.96713

    FAQs

    What type of property is this?
    Duplex - Two individual units on one lot, sold as-is with a vacant fixer and tenant-owned appliances staying in place.
    Where is this duplex located?
    The property is located at 7908 Towne Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Two individual house units on one lot (year built 1931).; Smaller house on the corner of 79th & Towne is vacant and described as a fixer needing repairs.; Property is sold as‑is with no further warranties or guarantees, including for city/county repair requirements and square footages.
    More about this property
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