1212 E 76th Place
Los Angeles, CA 90001
- – beds
- – baths
- – sqft
- 5,431 sqft lot
- 1926 build
- – on site
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We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for the ability to control utility costs. The average rent for the (6) occupied units is $1,083 per unit and offers a potential investor with approximately 64% upside in rental income. Buyers are encouraged to verify all building records and data for accuracy. Located south of E. Florence Avenue and east of S. Central Avenue, the subject property is centrally located in the heart of South Los Angeles and is a short distance from the 110 and 105 Freeways, providing access throughout all Greater Los Angeles. Tenants can also access multiple bus stops along S. Central Ave.
Listed By CRMLS_CA / Sevak Keshishian / Marcus & Millichap
Last checked:
Checking…
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Last updated Dec 30, 2024
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MLS# 24445213 —
The Building
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Year Built:1926
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New Construction:No
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Building Area Total:4650.00
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Drive north on S Central Avenue and turn right onto E 76th Place. The subject property is located in between S Central Avenue and Hooper Avenue.
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Latitude:33.97046500
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Longitude:-118.25378700
The Property
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Property Type:Residential Income
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Zoning:LCR3*
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Lot Size Area:5431.0000
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Lot Size Acres:0.1247
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Lot Size SqFt:5431.00
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6024012003
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/30/24
Dec 30, 2024
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Sold | CRMLS_CA | $1,025,000 | -4.7% |
11/25/24
Nov 25, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,075,000 | |
9/26/24
Sep 26, 2024
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Listed / Active | CRMLS_CA | $1,075,000 |