$865,000
$849,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2023 E 76th PL Los Angeles, CA 90001
6,403 Sqft Lot
Key Details
Sold Price $865,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21167246
Sold Date 11/17/21
HOA Y/N No
Year Built 1920
Lot Size 6,403 Sqft
Property Description
A once in a lifetime VALUE ADD property is now available for sale!! This amazing four-unit property features a 3 BR 1 Bath single-family residence, a Duplex that has (2) 1 Bedroom, 1 Bath units, and a 2 bedroom, 1 bath single-family residence that has been completely renovated!! Additionally, all four units have recently upgraded electrical panels. With parking for 8 spaces this property is truly an investor's delight and can be the centerpiece of any investors portfolio. Despite the COVID pandemic, ALL tenants have been paying and are on time with their rent. FMV Cap rate 7.5% (current is 5.5%) with a FMV GRM of 10.3 (Current 12.99%). Don't walk, RUN to this opportunity before it passes you by!!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR3YY
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6025018021
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Herbert Diaz • PLF Real Estate Solutions