426-428 W 77th St - Apartments FOR SALE


Los Angeles, CA 90003- South Central LA
$1,695,000 USD
818-475-3575
426-428 W 77th St, Los Angeles, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/10
null | 7.6% Cap Rate

426-428 W 77th St
Los Angeles, CA 90003
South Central LA


HIGHLIGHTS

  • 7.60% CAP rate - high return on investment
  • Low maintenance and easy to manage
  • Renovated units including : Kitchen, Bathrooms, Floor, Appliances Ext
  • Fully Occupied and located in high tenant demanded area
  • Extensive exterior Upgrade New Electrical, Pluming, Stucco, Paint.
  • Close to schools, markets, transportations and Downtown LA

OVERVIEW

High Revenue Potential: With its upgraded condition and desirable features, the property generates strong rental income, making it a lucrative investment opportunity. The combination of low maintenance costs and high tenant demand ensures consistent and profitable returns. Extensive Exterior Upgrades : The building underwent significant renovations, including the replacement of old stucco with new stucco and fresh paint, enhancing its appearance and durability. A new electrical panel was installed for improved safety and efficiency, while the roof was thoroughly inspected and repaired to ensure long-term structural integrity. Modernized Interior: All units have been extensively remodeled, featuring updated electrical systems, new piping, renovated kitchens and bathrooms, and upgraded flooring. These enhancements provide a modern and comfortable living environment for tenants.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$370 USD /SF

# OF UNITS

7

PRICE/UNIT

$242,143

CAP RATE

7.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3-1, City of L.A.

APN/PARCEL ID

6020-034-012

ASK ABOUT THIS PROPERTY

Fred BasKW Commercial Beverly HillsMore Info
818-475-3575

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Fred BasKW Commercial Beverly HillsMore Info
818-475-3575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.