Los Angeles, CA 90044,645 W 97th ST
Los Angeles, CA 90044,645 W 97th ST
Los Angeles, CA 90044,645 W 97th ST
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,650,000
Est. payment /mo
12 Beds
9 Baths
4,800 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $343

MLS Listing ID 26640191

Bedrooms 12

HOA Y/N No

Year Built 2020

Lot Size 6,303 Sqft

Property Description

645 W. 97th is a newer construction triplex offering FHA eligibility, a vacant 4-bdrm. and 3-bath unit, and exemption from local and state rent control. Built in 2020, this well-maintained triplex is currently exempt from both the City of LA RSO and CA AB-1482. The property is not subject to a rent ceiling (buyer to verify). This gives ownership the ability to raise rents annually without percentage caps. In addition, the front 4-bed and 3-bath unit is delivered vacant at COE, qualifying the property for FHA financing when owner-occupied. The triplex consists of (3) 4-bed, 3-bath units, each avg. approx. 1,600 SF. The unit sizes and layouts support a wide range of tenant profiles, including larger households and shared living arrangements. All units are well-maintained and feature wood-style vinyl flooring, recessed lighting, central A/C, and in-unit laundry hookups. Kitchens feature updated cabinetry, tile backsplash, and ample counterspace, while bathrooms feature contemporary vanities and tilework. Tenants pay their own utilities, supporting straightforward operations and expense management. The units are arranged across two buildings on a 6,301 SF lot, with an open parking area separating the front unit from the rear duplex. This configuration provides separation between units and a more residential feel than a traditional apartment layout. With FHA eligibility, city- and state-rent-control exemptions, and newer-construction amenities, 645 W. 97th is a compelling option for buyers seeking an owner-user opportunity with minimal management headaches.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Exterior

Parking Features Door-Single, Garage, Side By Side, Uncovered

Garage Spaces 1.0

Garage Description 1.0

Community Features Gated

View Y/N No

View None

Total Parking Spaces 3

Building

Faces South

Story 2

Entry Level Two

Architectural Style Modern

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 6054027027

Security Features Gated Community

Special Listing Condition Standard

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Listed by Kenny Stevens Compass

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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