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

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