645 E 78th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90001
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25047015
Year Built 2016
Lot Size 5,100 Sqft
Property Sub-Type Duplex
Property Description
Turnkey duplex with strong cash flow! Fully remodeled and separately metered, this South LA duplex features two spacious units, each offering 4 bedrooms and 2.5 bathrooms. With approx. 3,748 SF of total living area and updated interiors including wood-style flooring, granite countertops, and stainless steel appliances this is an ideal investment or owner-occupant opportunity. Tenants pay all utilities (gas, electric, water), significantly reducing operating expenses. With projected rents of $3,400–$3,600 per unit, total gross income is estimated at $84,000/year with an adjusted cap rate of ~5.63% at list price. Fully gated lot with 3 car garage. Close to parks, transit, and major freeways. Subject to City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to verify all information.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Heating Central
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Tile
Fireplaces Type None
Inclusions All appliances
Laundry Electric Dryer Hookup,Gas Dryer Hookup
Exterior
Parking Features Driveway Level,Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Wrought Iron
Pool None
Community Features Curbs
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Building
Lot Description Street Level
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA
Special Listing Condition Standard