CA > Los Angeles
Los Angeles, CA 90001,1212 E 76th PL
Los Angeles, CA 90001,1212 E 76th PL
Los Angeles, CA 90001,1212 E 76th PL
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$1,075,000
Est. payment /mo
8 Beds
8 Baths
4,650 SqFt
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UPDATED:

10/10/2024 09:40 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,650 sqft

Price per Sqft $231

MLS Listing ID 24445213

Bedrooms 8

HOA Y/N No

Year Built 1926

Lot Size 5,431 Sqft

Property Description

We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for the ability to control utility costs. The average rent for the (6) occupied units is $1,083 per unit and offers a potential investor with approximately 64% upside in rental income. Buyers are encouraged to verify all building records and data for accuracy. Located south of E. Florence Avenue and east of S. Central Avenue, the subject property is centrally located in the heart of South Los Angeles and is a short distance from the 110 and 105 Freeways, providing access throughout all Greater Los Angeles. Tenants can also access multiple bus stops along S. Central Ave.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LCR3*

Interior

Fireplace No

Exterior

Garage None

Community Features Gated

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6024012003

Security Features Gated Community

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sevak Keshishian • Marcus & Millichap
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