333 W 79th St, Los Angeles, Los Angeles County, CA, 90003 Los Angeles CA US

USD 830,000
For Sale MLS: 22-199079

Property Details

Bedrooms

2

Bathrooms

1

Neighborhood

Florence

Property Type

MultiFamily

Description

*** Can be purchased individually or a part of a 48-unit portfolio, please contact LA1 for more information **333 West 79th is a value-add fourplex located in South Los Angeles operating at a 6.18% current CAP and offers investors approx. 40% upside in rents. Located just east of the 110 Freeway, the subject property is comprised of (3) 2-Bdrm. units and (1) 1-Bdrm. unit (spread across two buildings) that generate approx. $6,100+ in gross monthly income. Based on renovated units in the area, we believe a future investor could achieve $8,500+ in gross monthly income and operate the property at a 9.56% market CAP and 8.05 market GRM. The property amenities include on-site parking and a community laundry room. Find out more about this property. Request details here

Location

Address

333 W 79th St, Los Angeles, California 90003, United States

City

Los Angeles

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