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804 806 E 76th Place

Los Angeles (City), CA 90001
  • $1,275,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: PW24174456
UPDATED: 75 min ago
$1,275,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C37 - Metropolitan South
Type:
Multi-Family
Built:
2022
County:
Los Angeles
Area:
C37 - Metropolitan South

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Listing Agent(s): Cary Hairabedian of RE/MAX College Park Realty (562-594-6753)


Description

Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,400 Monthly Rental Income. Area rents averaging $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Ideally Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T13:29:47.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/155933623
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804 806 E 76th Place Los Angeles (City), CA 90001

  • Price: $1,275,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 75 min ago
  • MLS #: PW24174456
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2022
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,400 Monthly Rental Income. Area rents averaging $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Ideally Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing WoodWrought Iron Foundation Details Slab Lot Features LandscapedLevelRectangular LotStreet Level Number Of Separate Electric Meters 2 Parking Features Garage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition View None View YN No

Interior Features

Appliances Free-Standing RangeGas RangeWater Heater Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Carpet Heating Central Heating YN Yes Interior Features Granite CountersBedroom on Main LevelPrimary Suite

Property Features

Additional Parcels YN No Cap Rate 4.78 Common Interest None Community Features Curbs Garage YN Yes Green Energy Efficient Water HeaterWindows Green Energy Generation Solar Gross Income 88800 Gross Scheduled Income 88800 Insurance Expense 2000 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideLaundry ClosetUpper Level Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 ExchangeFHAVA Loan Net Operating Income 64540 New Construction YN No New Taxes Expense 16570 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 24260 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGasWater Total Actual Rent 7400 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T13:29:47.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Listing Agent(s): Cary Hairabedian of RE/MAX College Park Realty (562-594-6753)