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Residential Income - 715 719 ½ W 78th, Los Angeles, CA

$799,000

715 719 ½ W 78th, Los Angeles, CA

715 719 ½ W 78th, Los Angeles, CA 90044 - $799,000 · Multi-Family Home for Sale, photo 1
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Description

Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.

Property details

Year built
1947
Property type
Residential Income
Lot size
7,002 sqft

Location

715 719 ½ W 78th • Los Angeles, CA 90044

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Listed by

Julio Mendoza · Pinnacle Estate Properties, Inc.

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Listing courtesy of Pinnacle Estate Properties, Inc.. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715