$1,025,000
Los Angeles, CA 90003
10
Beds
6
Baths
3,724
Sq. Ft.
2017
Year Built
Los Angeles
County
ResidentialIncome
Property Type
GET SMART WITH REAL ESTATE and discover a Los Angeles duplex in the Florence neighborhood with multiple paths to ownership, rental income and long-term value! FIRST-TIME HOME BUYERS, FHA BUYERS, OWNER-OCCUPANTS, HOUSE HACKERS AND INVESTORS should take a closer look at this 2-unit opportunity. For a qualified first-time home buyer or owner-occupant, the duplex configuration may provide an opportunity to live in one unit and rent the second unit to help offset monthly housing expenses, subject to lender, appraisal, occupancy and property-condition requirements. For investors, 159-161 W. 79th St. offers a multifamily, income-property and value-add opportunity with flexibility to renovate, reposition and establish a rental strategy that fits the buyer's goals once lawful possession is available. Prior scheduled rents were approximately $4,196.62 per unit, representing approximately $8,393 per month / $100,719 annually when both units are rented. These figures represent scheduled rental amounts and are not representations of current collections. Buyer to independently verify achievable rents and all income information. Whether you're a first-time buyer looking to house hack, an owner-occupant seeking additional rental income, or an investor looking for a buy-and-hold or value-add multifamily property, the two-unit configuration creates multiple potential strategies. Located in the Florence neighborhood, the property offers convenient access to major streets, the 110 Freeway, public transportation, neighborhood shopping, schools and everyday services. Its central Los Angeles location also provides connectivity to USC, Exposition Park, Downtown Los Angeles and employment centers throughout the city. Property may be purchased individually or as part of the seller's 4-property Los Angeles investment portfolio. Property sold AS-IS. Buyer and buyer's agent to independently verify financing eligibility, rents, permits, zoning, unit configuration, square footage, condition and all property information. Smart buyers don't just buy property they recognize possibilities. GET SMART WITH REAL ESTATE.
$5,455/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 10:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
