820 W 76th Street, Los Angeles, CA 90044

bedrooms 5
|Other
THB ฿40,769,263
USD $1,200,000
Published on: 17 Dec 2024
Last updated on: 11 Mar 2025
820 W 76th Street, Los Angeles, CA 90044
820 W 76th Street, Los Angeles, CA 90044
820 W 76th Street, Los Angeles, CA 90044
+49
820 W 76th Street, Los Angeles, CA 90044
  • 49
Property ID: 110096305359
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Other - Los Angeles, CA

820 W 76th Street, Los Angeles, CA 90044
BACK ON THE MARKET!! Exceptional Investment Opportunity: 4-Unit Vacant Property in Prime Los Angeles Location! This is a rare chance to own a well-maintained 4-unit property in Los Angeles, including a large lot with plenty of parking. All units currently vacant and the potential for strong rental income. Ideal for Section 8 tenants, the property is projected to generate $10,273 per month in rental income, based on the payment standard, which translates to an impressive 7.7% CAP rate a standout return in today's market. The property boasts numerous upgrades, including brand-new roofs, windows, and stylish kitchen renovations featuring sleek quartz countertops. The front two units offer a welcoming, home-like atmosphere with laundry hookups, while the rear units benefit from a convenient community laundry space. Every unit is equipped with new tankless water heaters, ensuring energy efficiency and low operating costs. Major systems have been upgraded with new electrical wiring and service panels, along with 100% new PEX plumbing throughout the property. Each unit is individually metered for electricity, further enhancing the investment appeal. With all units currently vacant, the buyer has a unique opportunity to carefully select their tenants, ensuring a hassle-free rental experience. Don't miss out on this exceptional opportunity to invest in a high-demand location with the potential for steady, passive income. Act quickly and make this prime property your next smart investment!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
234.77 m2
Year Built
1914
Rooms
5 bedroom(s)
Architecture Style
Other
Num Floors
1
County
Los Angeles
Parcel ID
6020010011
Provider
Engel & Völkers
Brokerage Office Name
Engel & Völkers Beverly Hills
Brokerage Office Phone
3107777510
Address
820 W 76th Street, Los Angeles, CA 90044
Contact Agent
Edmar Costa
Engel & Völkers Beverly Hills
140 S Beverly Dr., Beverly Hills, CA 90212
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Edmar Costa
140 S Beverly Dr., Beverly Hills, CA 90212
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      Property ID: 110096305359

      Original Property ID: 3yd-EV-24464655
      Data provided by Engel & Völkers, MLS #: 24464655
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