820 W 76th Street
Los Angeles, CA 90044
- 5 beds
- – baths
- 2,527 sqft
- 5,403 sqft lot
- $474 per sqft
- 1914 build
- – on site
BACK ON THE MARKET!! Exceptional Investment Opportunity: 2-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 $9,527 per month in rental income, based on the payment standard, which translates to an impressive 7.62% 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 2 units currently vacant, the buyer has a unique opportunity to carefully select their tenants, ensuring a hassle-free rental experien
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Last updated Apr 7, 2025
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MLS# CL24464655 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1914
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Security Features:Smoke Detector(s)
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Other Equipment:Other
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Building Area Total:2527
Room Dimensions
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Living Area:2527
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Living Area Units:Square Feet
Location
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Directions:West of Hoover St. South of Florence Ave. North of
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Back Yard
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Parcel Number:6020010011
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Zoning:LARD
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Lot Features:Back Yard
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5403
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (562) 688-1252
Beds
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Bedrooms Total:5
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Laundry Features:Other
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:6
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Parking Features:Other
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
|
Listed / Active | BRIDGE | $1,200,000 | |
12/22/24
Dec 22, 2024
|
Sold Subject To Contingencies | BRIDGE | $1,200,000 | |
12/16/24
Dec 16, 2024
|
Listed / Active | BRIDGE | $1,200,000 | 84.6% |