732 W 76th Street, Los Angeles, CA 90044
List Price: $1.34M
Listing Status: Active
0Days on Market: 0
10 Bedrooms · 8 Bathrooms · 4,462 sq ft
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 7,003 sq ft
MLS Number: 26793073
About This Property
732 W 76th Street, an 8-unit multifamily investment opportunity located in the Vermont Knolls neighborhood of South Los Angeles. Constructed in 1961, this two-story asset comprises approximately 4,462 square feet of rentable area on a 7,003-square-foot lot, zoned [Q]R3-1.The property features a desirable unit mix of six (6) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units. The asset is partially vacant, offering an estimated ~30.7% rental upside to market rents. Each unit is separately metered for gas and electricity and includes an individual water heater, minimizing landlord expenses, which are primarily limited to water, common-area electricity, and trash.Strategically positioned near the 110 and 105 Freeways and within proximity to the Crenshaw/LAX Metro Line, 732 W 76th Street provides convenient access to major employment and lifestyle hubs including Downtown Los Angeles, Culver City, Santa Monica, and the South Bay. With strong in-place cash flow, efficient operating fundamentals, and meaningful value-add potential, the property represents an attractive acquisition opportunity for investors seeking stable returns in one of South Los Angeles' most active multifamily submarkets.
Listing provided by: Jacqueline Carroll DRE #02139996 310-230-5478 jacqueline.carroll@compass.com, Compass
Source: CRMLS, MLS #: 26793073
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.