426 W 77th Street, Los Angeles, CA 90003

$1,695,000 Approx. USD 14 beds, 7 baths
4,576 sqft

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

This property is a high-revenue-generating cash cow with a cap rate of over 7%, but yet 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 strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25515817

Price: $1,695,000

Beds: 14

Baths: 7

Built in 1927

4,576 sqft

1 story

0.15 acres

Lot size: 0.1510