804 806 E 76th Place

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Source: California Regional MLS

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BHAIRCAR

Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,500 Monthly Rental Income. Area rents averaging over $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Thoughtfully Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage. Estimated 5.3 Cap Rate with significant upside in rental income. We feel this is the best investment property opportunity in the area combining newness and quality of construction, location, superior features of units (solar and separate water meters), and price.

Property Information

Property Details

Location

Address

804 806 E 76th Place

County

Los Angeles

City

Los Angeles

Zip Code

90001

MLS Area

C37 - Metropolitan South

Interior Features

Other Rooms

Laundry Features

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Upper Level

Building

Building Information

Square Feet

3,715

Year Built

2022

Stories

Construction

Stucco

Foundation

Slab

Roof

Composition

Financial

Special Conditions

Standard

804 806 E 76th Place, Los Angeles, CA 90001

Market Report for 90001