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656 S Mott St
Multi-Family
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$900,000

656 S Mott St, Los Angeles

43% below median
0 bd·3 ba·0 sqft
Built 19283,881 sqft lotBoyle Heights

656 S Mott St, Los Angeles, CA

0 bd · 3 ba · 0 sqft Multi-Family listed at $900,000, built in 1928 in the Boyle Heights neighborhood.

About this home

Three-unit income property located in Los Angeles. Excellent investment opportunity. Unit Breakdown: - Unit 1: 1 bedroom / 1 bathroom - Unit 2: 1 bedroom / 1 bathroom / 1-car garage - Unit 3 (detached): 2 bedrooms / 1 bathroom / 1-car garage Units are occupied by long-term tenants. Property is being sold strictly in its current "As-Is" condition. Seller will not make repairs or provide credits. Sale includes tenants in place. Subject to interior inspection. Buyer to cooperate with existing lease agreements. Buyer to independently verify all information including but not limited to square footage, permits, condition, current rents, and applicable regulations.

Property details

Price
$900,000
Bedrooms
0
Bathrooms
3
Year built
1928
Lot size
3,881 sqft
Type
Multi-Family
Days on market
57
Est. property tax
$6,750/yr · $563/mo · 0.75% CA avg
Last sold
$87,000 · Jul 1985

Estimated monthly payment

Down payment20% ($180,000)
Interest rate6.75%
Principal & Interest$4,670
Property Tax$825
Insurance$150
Total$5,645/mo

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Location

This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.

Home Intelligence

Neighborhood (zip 90023)

This neighborhood skews young (median age 31.7) and is primarily renter-occupied (26% owner-occupied). 8% hold a bachelor's degree; median household income is $52,918.

Median income
$52,918
Median age
31.7
Owner-occupied
26.3%
Bachelor's degree
7.7%
Census median home value
$586,500

Source: US Census Bureau American Community Survey 5-year estimates.

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