Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90044 820 W 76th Street

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Presented By: Edmar Costa with Engel & Volkers Beverly Hills;
  • MLS# 24464655
  • 12/16/2024
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4
  • SQFT • 2,527
  • Year Built • 1914

Home Details

Back on the Market!! Prime Los Angeles Multi-Unit Investment Opportunity! High CAP Rate!! Don't miss this rare opportunity to own a well-maintained 4-unit property in a high-demand Los Angeles location. 3 units are currently occupied generating $6,850 with great tenants. One unit vacant and move in ready. Projected income at $9,100 per month. Situated on a large lot with ample parking, this property is ideal for investors seeking strong cash flow, long-term growth, and low-maintenance upgrades. Investment Highlights: Projected Rental Income: $9,100/month (based on Section 8 payment standards) Impressive CAP Rate: 7.28% a standout return in today's market. One Vacant: Choose your tenant and maximize rent potential from day one Property Features: New roofs, windows, and stylishly renovated kitchens with quartz countertops. Front units feature private laundry hookups and a home-like feel Rear units offer shared laundry space for added convenience. Brand-new tankless water heaters in all units for energy efficiency. Complete electrical and plumbing upgrades: new wiring, service panels, and 100% PEX plumbing. Individually metered for electricity, reducing operating costs and increasing tenant accountability. This is an excellent opportunity to secure passive income in one of L.A.'s most competitive rental markets. Whether you're a seasoned investor or a first-time buyer looking for a turnkey property with high upside, this offering delivers. Act fast with one units vacant and full market potential ready to be tapped, this property won't last long!
Presented By: Edmar Costa with Engel & Volkers Beverly Hills;

Interior Features for 820 W 76th Street

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths4
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans, OpenFloorplan
Laundry FeaturesOutside
Total Stories
Window FeaturesDoublePaneWindows

General for 820 W 76th Street

AccessibilityNone
Additional Parcels Y/NNo
AppliancesElectricCooktop, GasCooktop, Disposal
Attached Garage No
Buyer FinancingCash, Conventional, Fha, Va
Cap Rate7.28
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsWest of Hoover St. South of Florence Ave. North of Manchester Ave.
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Expected Active Date 2024-12-15
Facing DirectionNorth
Full Baths
Garage Spaces0.0
Garage Y/NNo
Gross Income109200.0
HOANo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, FHA, FannieMae, VaLoan
Lot Size Square Feet5403.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income87360.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeVacant
Open Parking Spaces6.0
Patio/Porch FeaturesRearPorch, FrontPorch
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
ViewNone
Year Built1914
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 820 W 76th Street

Building Area Total2527.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard
Lot Size Acres0.124
Lot Size Area5403.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking6.0
WaterfrontY/NNo

Additional Details

Price History

Justin Hughey

Price $1,200,000
MLS#24464655
List Date 12/16/2024
Property Type Multi-Family
Request Tour
Request Info

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