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.
| MLS # | SR26164109 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 74 |
| Listing Provided By | Pinnacle Estate Properties, Inc. | Julio Mendoza |
| SQ Feet | 2,488 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.16 |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | 699 Not Defined |
| Listing VS Median (in 90044) | |
Price: $799,000 low | high Med: $1,035,000 sqft: 2,488 low | high Med: 3,876 $ / sqft: $321 low | high Med: $267 On site: 74 low | high Med: 90 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | 699 Not Defined |
| Listing VS Median (in 90044) | |
Price: $799,000 low | high Med: $1,035,000 sqft: 2,488 low | high Med: 3,876 $ / sqft: $321 low | high Med: $267 On site: 74 low | high Med: 90 | |
![]() | $875,000700 W 77thLos Angeles, CA 90044 |