$799,000
Est. payment /mo
4 Beds
4 Baths
7,002 Sqft Lot
Price Dropped by $100K
715-719 ½ W 78th Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26164109
Bedrooms 4
Lot Size 7,002 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Vermont Ave, Manchester Ave, Florence Ave and 110 fwy
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6020018019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Julio Mendoza, DRE#01428037 Pinnacle Estate Properties, Inc.
NEARBY SCHOOL & BUSINESS
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