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$ 890,000
Est. payment | /mo
8 Beds
4 Baths
2,848 SqFt
$ 890,000
Est. payment | /mo
8 Beds
4 Baths
2,848 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,848 sqft
Price per Sqft $312
MLS Listing ID 25593181
Bedrooms 8
HOA Y/N No
Year Built 1965
Lot Size 4,774 Sqft
Property Description
426 E 79th St | 4-Unit Multifamily in South Los Angeles. 1965 construction on a 4,775 SF R2-1 lot with 2,848 SF of living area; efficient layouts with (4) 2-bed / 1-bath units. (1 Vacant) One unit to be delivered vacant at close, allowing immediate lease-up at market rents or potential owner-occupancy. Two units stabilized under Section 8 contracts provide guaranteed income. Attractive sub-$900k price point with a ~7.43% current cap and ~10.85% pro forma; strong tenant demand and ~43% rental upside in a transit-connected South LA neighborhood.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6030033030
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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