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!
Property Details
Price:
$1,200,000
MLS #:
24464655
Status:
Active
Baths:
0
Address:
820 W 76th Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Dec 16, 2024
State:
CA
ZIP:
90044
Lot Size:
5,403 sqft / 0.12 acres (approx)
Year Built:
1914
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Schools
Interior
Accessibility Features
None
Appliances
Disposal, Electric Cooktop, Gas Cooktop
Cooling
None
Fireplace Features
None
Heating
Electric
Interior Features
Ceiling Fan(s), Open Floorplan
Window Features
Double Pane Windows
Exterior
Foundation Details
Raised
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard
Parking Features
Driveway
Parking Spots
6.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Other
Spa Features
None
View
None
Financial
Map
Community
- Address820 W 76th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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820 W 76th Street
Los Angeles, CA
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