219 E 76th, Los Angeles, CA 90003
219 E 76th, Los Angeles, CA 90003
219 E 76th, Los Angeles, CA 90003
219 E 76th, Los Angeles, CA 90003
219 E 76th, Los Angeles, CA 90003
219 E 76th, Los Angeles, CA 90003
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Edward Kapanadze

Edward Kapanadze

+1(310) 870-0404
$ 800,000
Est. payment | /mo

5,105 Sqft Lot

Save
$ 800,000
Est. payment | /mo
Save

5,105 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26107230

HOA Y/N No

Year Built 1924

Lot Size 5,105 Sqft

Property Sub-Type Triplex

Property 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 in the front unit while the rental income from the other units covers most of your mortgage and expenses. Seize this chance to own a property with separate meters and strong financials!

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Parking Features Driveway

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6022012024

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gregory Roberts Coldwell Banker Realty 310-686-6119, DRE #01376549

Nearby Locations

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219 E 76th