1212 E 76Th Place, Los Angeles, CA 90001
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Listed Price :
$1,075,000
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Beds :
8
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Baths :
8
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Property Size :
4,650 sqft
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Year Built :
1926
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.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
8 |
Listing Information
| Address |
1212 E 76Th Place |
| City |
Los Angeles |
| State |
CA |
| Zip |
90001 |
| County |
Los Angeles |
| Listing Agent |
Sevak Keshishian DRE #01887505 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$1,075,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Structure Size |
4,650 |
| Lot Size |
5,431 |
| Year Built |
1926 |
Listing information courtesy of: Sevak Keshishian, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 25th, 2024 at 11:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
