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$ 1,225,000
Est. payment /mo
Active
804 76th Pl Los Angeles, CA 90001
5,100 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25238302
HOA Y/N No
Year Built 2022
Lot Size 5,100 Sqft
Property Sub-Type Duplex
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
Area 699 - Not Defined
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
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 714-552-6094
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