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$ 1,349,999
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Active
426 W 77th Street Los Angeles, CA 90003
4,576 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $295
MLS Listing ID CL26642481
HOA Y/N No
Year Built 1927
Lot Size 6,579 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Sewer Other
Water Other
New Construction No
Others
Tax ID 6020034012
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Listed by Meran Solamany • Keller Williams Beverly Hills
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