REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$850,000

Est. payment - /mo

4 Beds

4 Baths

2,257 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,257 sqft

Price per Sqft $376

MLS Listing ID 26876837

Bedrooms 4

HOA Y/N No

Year Built 1925

Lot Size 6,298 Sqft

Property Description

We are pleased to offer for sale 150 West 76th Street, a four-unit apartment community located in the Florence neighborhood of Los Angeles, just west of Main Street between Florence Avenue and Manchester Avenue.Built in 1925, the property comprises 2,257 square feet of improvements across two single-story buildings on a 6,300-square-foot parcel, with a unit mix of two studios and two two-bedroom units and four on-site parking spaces. The property is currently achieving more than $8,600 in scheduled rent per month, and the offering is priced at a 9.19% scheduled cap rate and an 8.22 GRM, both stronger than the recent comparable sales in the surrounding submarket.With a Walk Score of 73, the property sits within a quarter mile of the 45 Metro local line and the Vermont/Main DASH. The 110 Freeway runs about half a mile west, with interchanges at Florence Avenue and Manchester Avenue, placing Downtown Los Angeles about seven miles north and the 105 interchange about three miles south for direct access to LAX and the South Bay.150 West 76th Street offers investors an opportunity to acquire an asset with strong in-place income in South Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6031013002

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sean Rosenzweig Marcus & Millichap #01406343

Nearby School & Business

Get More Information

Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

150 W 76th ST Los Angeles, CA 90003

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information