219 E 76th, Los Angeles, CA, 90003

USD 800,000
For Sale

Property Details

Bedrooms

7

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 7 • Bathrooms: 3 • Square Feet: 2264 • Lot/Size: 5,105 sqft lot

Description: Introducing a remarkable investment opportunity—a versatile triplex perfect for investors or owner-users. The front unit is a newly remodeled 2-bed, 1-bath space, which is ready for immediate occupancy or tenancy. The middle unit, also remodeled, is currently rented for $2,420 under a Section 8 agreement, offering stable income. At the rear, a charming standalone 3-bed, 1-bath home includes in-unit laundry, rented for $1,822 to a Section 8 tenant. With the front unit rented, this triplex achieves an IMPRESSIVE 7.7% CAP RATE. Priced attractively at a 10 GROSS RENT MULTIPLIER, it yields an 8.1% ANNUAL ROI with just 25% down. For owner-users, this is an unbeatable opportunity to reside i

Location

Address

219 E 76th, Los Angeles, CA, 90003

City

Los Angeles

Features and Finishes

Year Built: 1924; [object Object]; [object Object]

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more