715 719 ½ W 78th, Los Angeles, CA 90044
- $899,000
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- SR26164109
- Year Built
- 1947
- Lot Size
- 7,002
- Acres
- 0.16
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $78,588
- Operating Expense
- 8667
Listing courtesy of Listing Agent: Julio Mendoza (alexmendozare@gmail.com) from Listing Office: Pinnacle Estate Properties, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.