726 W 76TH, LOS ANGELES CA 90044
- 2,864 sq.ft.
- 7,003 sq.ft. lot
Property Description
PRICE IMPROVEMENT – SELLER READY TO REVIEW OFFERS 6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility. Projected double-digit stabilized returns (11%–14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions). Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets. This property offers multiple strategic paths: • Renovate and stabilize for long-term hold • Optimize rents to market levels • Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city) • Evaluate redevelopment potential and density expansion (buyer to verify with city) With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify) Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket. Buyer to independently verify all income, expenses, use options, and development potential.
Listing Courtesy of Antoinette Kegler, Keller Williams Encino/Sherman Oaks
Interior Features
Exterior Features
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