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426 W 77th St, Los Angeles, CA, 90003

14beds
7baths
4,576sqft
$1,349,999
$295price/sqft
$9,590/moest. monthly cost
$383,600/yrincome needed

About This Home

OVER 10% CAP PRICED TO IMMEDIATE SALE. ---property is a high-revenue-generating cash cow with a cap rate OVER to 10%, and has an upside in rent, making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers high and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.

Getting Around

66
WalkingSomewhat Walkable
63
TransitGood Transit
65
BikeBikeable

Schools

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Refrigerator,Range/Oven,Tankless Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 7

Features

  • Window features: Double Pane Windows

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 4,576
  • Total interior livable area: 4,576 sqft

Property

Details

  • Parcel number: 6020034012
  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: Two,One
  • Stories: 2

Lot

  • Lot size: 6,577 sqft

Parking

  • Total spaces: 8
  • Parking features: Gated
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6
  • Carport spaces: 2