820 W 76th Street

Los Angeles, CA 90044

  • 5 Bed(s)
  • 0 Bath(s)
  • 2,527 Sqft
  • 5403
    Sqft(Lot)
$1,200,000

Description

Exceptional investment opportunity: 4-unit vacant property in prime los angeles location! this is a rare chance to own a well-maintained 4-unit property in los angeles, including a large lot with plenty of parking. all units currently vacant and the potential for strong rental income. ideal for section 8 tenants, the property is projected to generate $10,273 per month in rental income, based on the payment standard, which translates to an impressive 7.7% cap rate a standout return in today's market. the property boasts numerous upgrades, including brand-new roofs, windows, and stylish kitchen renovations featuring sleek quartz countertops. the front two units offer a welcoming, home-like atmosphere with laundry hookups, while the rear units benefit from a convenient community laundry space. every unit is equipped with new tankless water heaters, ensuring energy efficiency and low operating costs. major systems have been upgraded with new electrical wiring and service panels, along with 100% new pex plumbing throughout the property. each unit is individually metered for electricity, further enhancing the investment appeal. with all units currently vacant, the buyer has a unique opportunity to carefully select their tenants, ensuring a hassle-free rental experience. don't miss out on this exceptional opportunity to invest in a high-demand location with the potential for steady, passive income. act quickly and make this prime property your next smart investment!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48046262

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Sewer : Other

    Interior Features

    • Roof : Composition
    • Interior Features: Ceiling Fan(s),Open Floorplan
    • Windows: Double Pane Windows
    • Property Appliances: Electric Cooktop,Gas Cooktop,Disposal
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1914
    • Building Area Total: 2,527
    • Construction: Stucco
    • Roof: Composition

    Foundation

    • Raised

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Outside

    Patio And Porch

    • Rear Porch,Front Porch

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.124
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5403

  • Listing Price Information

    • Original List Price: 1,200,000
    • Listing Contract Date: 2024-12-16

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 6020010011

  • Garage and Parking

    • Garage Description: Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: C36 - Metropolitan Southwest
    • Postal Code Plus 4: 5121
    • Directions: West of Hoover St. South of Florence Ave. North of Manchester Ave.
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C36 - Metropolitan Southwest

    Building and Construction

    • Property Age: 110
    • Property Condition: Updated/Remodeled
    • Year Built Source: Assessor
    • Total Square Feet Living: 2527
    • Entry Location: Ground Level w/steps
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/25/2024 @ 14:54

  • MLS: 24464655
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is recently sold, it has 2,527 sqft, 5,403 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90044, this Los Angeles County Home are nearby neighborhoods.