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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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$800,000
Est. payment /mo
7 Beds
3 Baths
5,105 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26107230

Bedrooms 7

Lot Size 5,105 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Introducing a remarkable investment opportunitya 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

Zoning Assessor

Direction Main St to E.76th St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6022012024

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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MLS Router / San Diego MLS
Listed by Gregory Roberts, DRE#01376549 Coldwell Banker Realty 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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219 E 76th