820 W 76th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,527 sqft
Price per Sqft $474
MLS Listing ID 24464655
Bedrooms 5
Year Built 1914
Lot Size 5,401 Sqft
Property Description
Back on the Market!! Prime Los Angeles Multi-Unit Investment Opportunity! High CAP Rate!! Don't miss this rare opportunity to own a well-maintained 4-unit property in a high-demand Los Angeles location. 3 units are currently occupied generating $6,850 with great tenants. One unit vacant and move in ready. Projected income at $9,100 per month. Situated on a large lot with ample parking, this property is ideal for investors seeking strong cash flow, long-term growth, and low-maintenance upgrades. Investment Highlights: Projected Rental Income: $9,100/month (based on Section 8 payment standards) Impressive CAP Rate: 7.28% a standout return in today's market. One Vacant: Choose your tenant and maximize rent potential from day one Property Features: New roofs, windows, and stylishly renovated kitchens with quartz countertops. Front units feature private laundry hookups and a home-like feel Rear units offer shared laundry space for added convenience. Brand-new tankless water heaters in all units for energy efficiency. Complete electrical and plumbing upgrades: new wiring, service panels, and 100% PEX plumbing. Individually metered for electricity, reducing operating costs and increasing tenant accountability. This is an excellent opportunity to secure passive income in one of L.A.'s most competitive rental markets. Whether you're a seasoned investor or a first-time buyer looking for a turnkey property with high upside, this offering delivers. Act fast with one units vacant and full market potential ready to be tapped, this property won't last long!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD1.5
Interior
Heating Electric
Cooling None
Fireplaces Type None
Laundry Outside
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Roof Type Composition
Building
Lot Description Back Yard,Front Yard
Foundation Raised
Sewer Other
New Construction No
Others
Acceptable Financing Cash,Conventional,FHA,Fannie Mae,VA Loan
Listing Terms Cash,Conventional,FHA,Fannie Mae,VA Loan
Special Listing Condition Standard