820 W 76TH STREET, LOS ANGELES CA 90044
- 2,527 sq.ft.
- 5,403 sq.ft. lot
Property Description
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!
Listing Courtesy of Edmar Costa, Engel & Volkers Beverly Hills
Interior Features
Exterior Features
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