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14-Bedroom ResidentialIncome — 426 W 77th Street, Los Angeles, CA

$1,349,999

426 W 77th Street, Los Angeles, CA

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About this property

OVER 10% CAP PRICED TO IMMEDIATE SALE. ---property is a high-revenue-generating cash cow with a cap rate OVER to 10%, and has an upside in rent, making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers high and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.

Property details

Bedrooms
14
Bathrooms
7
Square feet
4,576
Year built
1927
Property type
ResidentialIncome

Location

426 W 77th Street • Los Angeles, CA 90003

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Listed by

Meran Solamany · Keller Williams Beverly Hills