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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1445 E 76th Place
Los Angeles, CA
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