542 W 76TH STREET, LOS ANGELES CA 90044
- 4,128 sq.ft.
- 7,002 sq.ft. lot
Property Description
Amazing opportunity to acquire a recently renovated, six unit building in South Los Angeles with significant upside on rents. All units are two bedrooms with one bath, presenting a stable and in-demand unit mix that will command increasing rents for the foreseeable future. The property was recently improved with a new roof, new rain gutters, new sewer line cleanout, new electrical panels and paint. This property presents a tremendous opportunity to piggyback on the recent renovations; and, there may be an opportunity to maximize the 7,000 sf lot by adding an ADU for an additional stream of income and equity addition (buyer to verify). Located less than 4 miles to SoFi Stadium and 8 miles from LAX, this centrally located asset provides tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.
Listing Courtesy of Deborah Perkins, Douglas Elliman
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