Great Los Angeles location! Built in 1922, this well-maintained 6-unit complex features 3 separate buildings including three individual tenant garages, a large 2BR + 1Bath with an additional 1BR + 1Bath unit situated over garages, two additional separate buildings each with one 2BR+1Bath, unit and a one 1BR+1Bath for a total of 6 units. The complex has 3595 square feet of rentable space on a 6611-square-foot lot. Each unit is separately metered for gas, electricity, and water. The owner pays for sewer and trash. The complex is currently 100% occupied on month-to-month tenancy. An astute investor will have the ability to capture roughly 90% in rental upside as tenants vacate or by successfully implementing a “Cash for Keys” program. This property will be delivered with tenants at the close of escrow. Please submit a complete offer to view the property. Only potential buyers with accepted offers will be allowed to view the inside of individual units.
Property Details
Price:
$1,500,000
MLS #:
SR24174391
Status:
Active
Baths:
0
Address:
1445 E 76th Place
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 21, 2024
State:
CA
ZIP:
90001
Year Built:
1923
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
Map
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Courtesy of Dynasty R.E. Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1445 E 76th Place
Los Angeles, CA
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