Los Angeles, CA 90001 804 806 E 76th Place
$1,259,900
5 more
Presented By: Cary Hairabedian with RE/MAX College Park Realty; 714-960-2449
- MLS# PW24174456
- 09/27/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 4
SQFT • 3,715
Garage • 3
Home Details
Newer Construction Duplex built by Ocean Development in 2022. Fully occupied units with attractive rental income - and additional upside with rent increase. Currently leased at $7,400 Monthly Rental Income. Area rents averaging $8,000 per month for similar duplexes. Separate electric, gas, and water meters - tenants pay their own utilities. Ideally Designed with one unit in front, and the second unit in back - No one above or below. Each unit includes 5 Bedrooms and 3 Baths - approximately 1,857 square feet for each unit. Design Features include Central Heating Systems, Dual Pane Windows, Solid Wood Cabinets and Granite Counters in Kitchen, Interior Laundry Room in Each Unit. Solar electric systems installed. Property includes a 3 Car Garage.
Presented By: Cary Hairabedian with RE/MAX College Park Realty; 714-960-2449
Interior Features for 804 806 E 76th Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Interior AmenitiesGraniteCounters, BedroomOnMainLevel, PrimarySuite
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, Inside, LaundryCloset, UpperLevel
Total Stories1
Other Rooms
Entry Level1
General for 804 806 E 76th Place
Additional Parcels Y/NNo
AppliancesFreeStandingRange, GasRange, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.78
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsEast of Avalon Blvd. North of 79th St
Electric On Property Y/NNo
Energy EfficientWaterHeater, Windows
Entry Location1
Garage Spaces3.0
Garage Y/NYes
Green Energy GenerationSolar
Gross Income88800.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Exchange1031, FHA, VaLoan
Lot Size Square Feet5099.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income64540.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense24260.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot698
Taxes$16,570
Tenant PaysAllUtilities, Electricity, Gas, Water
Total Actual Rent7400.0
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Waterfront Y/NNo
Year Built2022
Year Built SourceAssessor
ZoningLAR2
Exterior for 804 806 E 76th Place
Building Area Total3715.0
Crops Included Y/NNo
FencingWood, WroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped, Level, RectangularLot, StreetLevel
Lot Size Acres0.1171
Lot Size Area5099.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate