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804 76th Pl
804 76th Pl
804 76th Pl
804 76th Pl
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$1,225,000

804 76th Pl

3,715 Sq.Ft.

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.

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Location

804 76th Pl, Los Angeles, CA 90001

Status

For Sale
Joe  Lengyel-Leahu

Joe Lengyel-Leahu

TITLE

Multifamily Investment Advisor

Property Amenities

Interior
Laundry room See Remarks
Area & Lot
Total area 3,715 Sq.Ft.
Lot Area 5,099 Sq.Ft.
Living area 3,715 Sq.Ft.
MLS® ID NP25238302
Year Built 2022
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Water Source Public
Garage Space 3.0
Sewer Public Sewer
Lot Features 0-1 Unit/Acre
Finance
Sales Price $1,225,000
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