This property is a high-revenue-generating cash cow with a cap rate of over 7%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.
Property Details
Price:
$1,695,000
MLS #:
25515817
Status:
Active
Baths:
0
Address:
426 W 77th Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Mar 25, 2025
State:
CA
ZIP:
90003
Lot Size:
6,579 sqft / 0.15 acres (approx)
Year Built:
1927
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Schools
Interior
Appliances
Microwave, Refrigerator
Heating
Wall Furnace
Window Features
Double Pane Windows
Exterior
Garage Spaces
0.00
Parking Features
Gated
Parking Spots
7.00
Security Features
Gated Community
Sewer
Other
Stories Total
2
Financial
Map
Community
- Address426 W 77th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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426 W 77th Street
Los Angeles, CA
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