4
See all 4 photos
$1,225,000
Est. payment /mo
10 Beds
5,099 Sqft Lot
Active
804 76th Pl Los Angeles, CA 90001
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25238302
Bedrooms 10
Lot Size 5,099 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This duplex was a gr completed by Ocean Development in 2022. Along with many others in the neighborhood being rebuilt and capturing top of the market rents with new attractions and development nearby. This property is ideal for investors seeking ease of management with attractive rental income. Currently leased at $7,500 monthly, mostly passive as the property has separate electric, gas, and water meters for tenants to pay their own utilities. Thoughtfully designed with one unit in front, and the second unit in back, the tenants live next to each other - not on top of each other. Each unit boasts large 5 Bedrooms and 3 Baths - approximately 1,857sqft each. Design features include central heating systems, dual pane windows, solid wood cabinets, granite counters in kitchen, solar electric systems and interior laundry room in each unit. Property includes a 3 car garage. An estimated 5.37 cap rate with below market rent tenants and no deferred maintenance.
Location
State CA
County Los Angeles
Zoning Builder
Direction Florence Ave and Avalon Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Listed by Joseph Lengyel-Leahu Skyline Commercial Real Estate
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