Under contract
1212 E 76th Pl
Los Angeles CA, 90001
$1,075,000
$231.18 per sqft
Under contract
8 Beds
8 Baths
4,650 sqft
Multi-family
Built in 1926
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.
24-445213
MLSⓇ ID
September 26, 2024
Listed
November 25, 2024
Updated
Map
1212 E 76th Pl
Los Angeles CA, 90001
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
None
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall Electric
Exterior/Building Features
Lot Size
0.12 Acres
Other Property Details
Area Name
Metropolitan South
Days on Market
61
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LCR3*
Listing History
Date | Event | Price |
---|---|---|
11/25/2024 | Under contract | — |
Listed by Sevak Keshishian with Marcus & Millichap
Listing Contact: 818-726-0922
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/25/2024