820 W 76th Street
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 5,403 sqft lot
- 1914 build
- – on site
Exceptional Investment Opportunity: 4-Unit Vacant Property in Prime Los Angeles Location! This is a rare chance to own a well-maintained 4-unit property in Los Angeles, including a large lot with plenty of parking. All units currently vacant and the potential for strong rental income. Ideal for Section 8 tenants, the property is projected to generate $10,273 per month in rental income, based on the payment standard, which translates to an impressive 7.7% CAP rate a standout return in today's market. The property boasts numerous upgrades, including brand-new roofs, windows, and stylish kitchen renovations featuring sleek quartz countertops. The front two units offer a welcoming, home-like atmosphere with laundry hookups, while the rear units benefit from a convenient community laundry space. Every unit is equipped with new tankless water heaters, ensuring energy efficiency and low operating costs. Major systems have been upgraded with new electrical wiring and service panels, along with 100% new PEX plumbing throughout the property. Each unit is individually metered for electricity, further enhancing the investment appeal. With all units currently vacant, the buyer has a unique opportunity to carefully select their tenants, ensuring a hassle-free rental experience. Don't miss out on this exceptional opportunity to invest in a high-demand location with the potential for steady, passive income. Act quickly and make this prime property your next smart investment!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 17, 2024
•
MLS# 24464655 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1914
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Stucco
-
Building Area Total:2527.00
-
Total Number Of Units:4
-
# of Buildings:2
-
Roof:Composition
-
Foundation:Raised
-
Accessibility Features:None
-
Faces:North
Interior
-
Features:Ceiling Fan(s), Open Floorplan
-
Levels:One
-
Entry Location:Ground Level w/steps
-
Window Features:Double Pane Windows
-
Fireplace:No
-
Fireplace:None
-
Laundry:Outside
-
Laundry:1
Location
-
Directions:West of Hoover St. South of Florence Ave. North of Manchester Ave.
-
Latitude:33.97046900
-
Longitude:-118.28787100
The Property
-
Property Type:Residential Income
-
Property Condition:Updated/Remodeled
-
Zoning:LARD1.5
-
Lot Features:Back Yard, Front Yard
-
Lot Size Area:5403.0000
-
Lot Size Acres:0.1240
-
Lot Size SqFt:5403.00
-
Lot Size Source:Assessor
-
View:None
-
Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:6020010011
-
Showings Begin:2024-12-15
Heating & Cooling
-
Heating:1
-
Heating:Electric
-
Cooling:No
-
Cooling:None
Utilities
-
Sewer:Other
Appliances
-
Appliances:Disposal, Electric Cooktop, Gas Cooktop
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Driveway
-
Parking Spaces:6.00
-
Uncovered Spaces:6.00
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/16/24
Dec 16, 2024
|
Listed / Active | CRMLS_CA | $1,200,000 | 84.6% |
|
7/2/24
Jul 2, 2024
|
CRMLS_CA | $650,000 | -13.3% | |
|
4/12/24
Apr 12, 2024
|
CRMLS_CA | $750,000 |
