4
See all 4 photos
$1,225,000
Est. payment /mo
10 Beds
6 Baths
3,793 SqFt
Active
804 76th Pl Los Angeles, CA 90001
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Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 3,793 sqft
Price per Sqft $322
MLS Listing ID NP25256442
Bedrooms 10
Full Baths 6
Year Built 2022
Lot Size 5,099 Sqft
Property Sub-Type Townhome
Property Description
This duplex is a ground up construction 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. ASK ABOUT SELLER FINANCING OPTIONS AVAILABLE WITH 12% IRR!
Location
State CA
County Los Angeles
Direction Florence Ave and Avalon Blvd
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Garage Spaces 3.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 6023022003
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
Listed by Joseph Lengyel-Leahu Skyline Commercial Real Estate
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