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$ 1,099,000
Est. payment /mo
Active
645 E 78th Street Los Angeles, CA 90001
8 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25047015
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Turnkey duplex with strong cash flow! Fully remodeled and separately metered, this South LA duplex features two spacious units, each offering 4 bedrooms and 2.5 bathrooms. With approx. 3,748 SF of total living area and updated interiors including wood-style flooring, granite countertops, and stainless steel appliances this is an ideal investment or owner-occupant opportunity. Tenants pay all utilities (gas, electric, water), significantly reducing operating expenses. With projected rents of $3,400$3,600 per unit, total gross income is estimated at $84,000/year with an adjusted cap rate of ~5.63% at list price. Fully gated lot with 3 car garage. Close to parks, transit, and major freeways. Subject to City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to verify all information.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Near Avalon and 79th
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 6023025021
Listed by Steven Patton HCM Real Estate