$1,075,000
For Sale

1212 E 76th Place

Los Angeles, CA 90001
4650 sqft | 8 beds | 0.12 acres | #24445213
Listing OfficeMarcus & Millichap
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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 Details
      • Bedrooms8
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1247
      • Square Feet4650
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1926
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,075,000
  • Other
      • MLS #24445213

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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