645 E 78th ST Active

Los Angeles,CA 90001

$ 1099000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25047015

HOA Y/N No

Year Built 2016

Lot Size 5,100 Sqft

Property Sub-Type Duplex

Property Description

Turnkey duplex with strong cash flow! Fully remodeled and separately metered, this South LA duplex features two spacious units, each offering 4 bedrooms and 2.5 bathrooms. With approx. 3,748 SF of total living area and updated interiors including wood-style flooring, granite countertops, and stainless steel appliances this is an ideal investment or owner-occupant opportunity. Tenants pay all utilities (gas, electric, water), significantly reducing operating expenses. With projected rents of $3,400–$3,600 per unit, total gross income is estimated at $84,000/year with an adjusted cap rate of ~5.63% at list price. Fully gated lot with 3 car garage. Close to parks, transit, and major freeways. Subject to City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to verify all information.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Interior Features Ceiling Fan(s),Granite Counters

Heating Central

Cooling Central Air,Wall/Window Unit(s)

Flooring Carpet,Tile

Fireplaces Type None

Inclusions All appliances

Fireplace No

Appliance Gas Cooktop,Gas Oven,Range Hood

Laundry Electric Dryer Hookup,Gas Dryer Hookup

Exterior

Parking Features Driveway Level,Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Wrought Iron

Pool None

Community Features Curbs

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 3

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6023025021

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA

Special Listing Condition Standard

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