Property listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian 310-425-9838
$890,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
50
Last Updated
Property Type
Other
Beds
8
Square Ft.
2,848
Lot Size
0.11 Acres
Year Built
1965
MLS Number
25593181
30 Days Snapshot Of 90003
$636k
+12%
(avg) sold price
10
+42%
homes sold
82
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Building area total: 2,848, Levels: MultiSplit, Living area: 2848, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $98,052, Net operating income: $66,122
Lot
0.1096 acres, 4,775 square feet, Size: 4,775
Parking
4 totals parking, Driveway
Property
Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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