804 76th Pl new

Los Angeles,CA 90001

$ 1225000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNP25238302

Year Built 2022

Lot Size 5,099 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

This duplex was a gr completed by Ocean Development in 2022. Along with many others in the neighborhood being rebuilt and capturing top of the market rents with new attractions and development nearby. This property is ideal for investors seeking ease of management with attractive rental income. Currently leased at $7,500 monthly, mostly passive as the property has separate electric, gas, and water meters for tenants to pay their own utilities. Thoughtfully designed with one unit in front, and the second unit in back, the tenants live next to each other - not on top of each other. Each unit boasts large 5 Bedrooms and 3 Baths - approximately 1,857sqft each. Design features include central heating systems, dual pane windows, solid wood cabinets, granite counters in kitchen, solar electric systems and interior laundry room in each unit. Property includes a 3 car garage. An estimated 5.37 cap rate with below market rent tenants and no deferred maintenance.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Exterior

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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