426 W 77th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $370
MLS Listing ID 25515817
Bedrooms 14
Year Built 1927
Lot Size 6,579 Sqft
Acres 0.151
Property Sub-Type Multi-Family
Property Description
This property is a high-revenue-generating cash cow with a cap rate of over 7%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LAR3
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Ceiling Fan
Equipment Microwave, Refrigerator, Range/Oven
Exterior
Parking Features Gated
Garage Spaces 7.0
Building
Story 2
Sewer In Street
Water Public
Level or Stories Two, One
Others
Special Listing Condition Standard