CA > Los Angeles
Los Angeles, CA 90001,804 E 76th Place
Los Angeles, CA 90001,804 E 76th Place
Los Angeles, CA 90001,804 E 76th Place
10
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$1,229,900
Est. payment /mo
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10 Beds
6 Baths
Price Dropped by $20K

804 E 76th Place Los Angeles, CA 90001

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24174456

Bedrooms 10

Property Sub-Type Res Income 2-4 Units

Property Description

Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,500 Monthly Rental Income. Area rents averaging over $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Thoughtfully Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage. Estimated 5.3 Cap Rate with significant upside in rental income. We feel this is the best investment property opportunity in the area combining newness and quality of construction, location, superior features of units (solar and separate water meters), and price.

Location

State CA

County Los Angeles

Zoning Assessor

Direction East of Avalon Blvd. South of Florence Ave

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Tax ID 6023022003

MLS Router / San Diego MLS
Listed by Cary Hairabedian RE/MAX College Park Realty

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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804 E 76th Place

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