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734 New Depot St, Los Angeles, CA 90012

Studio, 2,730 sqft
For Sale
$729,900
Zestimate®: $663,262
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My Notes
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Wonderful opportunity to acquire a three (3) unit income property in the heart of Chinatown. Great upside potential as an investment or live in one unit and rent the other two units at market rent! Property has three enclosed garage, each unit has hook ups for washer and dryer. Owner is presently occupying one of the units. Two units will be delivered vacant at the close of escrow. Seller's are motivated, submit all offers.
Facts
  • Lot: 5,078 sqft
  • Multi Family
  • Built in 1961
  • 132 days on Zillow
  • Cooling: Other
Features
  • Flooring: Tile
  • Parking: 6 spaces
Construction
  • Roof type: Other
  • # Stories: 3.0
  • Structure type: Other
  • Unit count: 3
Other
  • Floor size: 2,730 sqft
  • Last remodel year: 1961
  • Parcel #: 5407007011
  • Zillow Home ID: 20741015
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$663,262
-$10,226 Last 30 daysd
$617K
$723K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,956/mo
-$4 Last 30 daysd
$1.1K
$3K
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Neighborhood for 734 New Depot Street

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Zillow predicts 90012 home values will increase 6.9% next year, compared to a 5.9% increase for Los Angeles as a whole. Among 90012 homes, this home is 78.2% more expensive than the midpoint (median) home, but is priced 38.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 90012 market, the number of foreclosures waiting to be sold decreased 19.6% in the last year. The number of unsold foreclosures is 2.1% greater than in Los Angeles, and 28.4% less than the national average. This higher local number may prevent 90012 home values from rising as quickly as other regions in Los Angeles.

Learn more about forecast calculations or 90012 home values.
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