426 W 77th ST, Los Angeles, CA 90003
426 W 77th ST, Los Angeles, CA 90003
426 W 77th ST, Los Angeles, CA 90003
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$1,349,999
Est. payment /mo
14 Beds
7 Baths
4,576 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,576 sqft

Price per Sqft $295

MLS Listing ID 26642481

Bedrooms 14

HOA Y/N No

Year Built 1927

Lot Size 6,577 Sqft

Property Description

OVER 10% CAP PRICED TO IMMEDIATE SALE. ---property is a high-revenue-generating cash cow with a cap rate OVER to 10%, and 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 high and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features Gated

Carport Spaces 2

Community Features Gated

Total Parking Spaces 7

Building

Story 2

Entry Level One,Two

Sewer Other

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6020034012

Security Features Gated Community

Special Listing Condition Standard

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Listed by Meran Solamany Keller Williams Beverly Hills #01301571

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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