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    305 - 307 E 76th Place

    Los Angeles (City), CA 90003
    • $2,800,000
    • STATUS: Active
    • ON SITE: 52 Days
    • ID#: 21775906
    UPDATED: 31 min ago
    $2,800,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Within the corner parcel, a new structure was built in 2015 that contains five large townhouse-style units that are not subject to any rent control. The remaining six units include several bungalow-style apartments, which are subject to rent control. Across the property, the majority of units are two- and three-bedroom apartments, most of which are townhouse-style floorplans with excellent interior amenities. Select units feature recessed lighting, granite countertops, fully updated bathrooms, designed vent hoods, wood flooring, walk-in closets, and stainless steel appliances. An on-site laundry room provides an additional income stream for the owner. Located near the intersection of Florence Avenue and San Pedro Street, the property is directly across the street from the 26- acre John C. Fremont Senior High School campus. Several new developments, including 162 new apartments partially completed along Main Street and a 31-unit mixed use project, are coming online within a mile of the property. Tenants enjoy convenient access to the 110 Freeway, via either the Florence Avenue or Manchester Avenue onramps, while public transportation is readily available within one block of the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T11:26:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120781705
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    305 - 307 E 76th Place Los Angeles (City), CA 90003

    • Price: $2,800,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 21775906
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1929
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Within the corner parcel, a new structure was built in 2015 that contains five large townhouse-style units that are not subject to any rent control. The remaining six units include several bungalow-style apartments, which are subject to rent control. Across the property, the majority of units are two- and three-bedroom apartments, most of which are townhouse-style floorplans with excellent interior amenities. Select units feature recessed lighting, granite countertops, fully updated bathrooms, designed vent hoods, wood flooring, walk-in closets, and stainless steel appliances. An on-site laundry room provides an additional income stream for the owner. Located near the intersection of Florence Avenue and San Pedro Street, the property is directly across the street from the 26- acre John C. Fremont Senior High School campus. Several new developments, including 162 new apartments partially completed along Main Street and a 31-unit mixed use project, are coming online within a mile of the property. Tenants enjoy convenient access to the 110 Freeway, via either the Florence Avenue or Manchester Avenue onramps, while public transportation is readily available within one block of the property.
    Exterior Features

    Carport YN Yes Parking Features Attached Carport

    Property Features

    Gross Income 217716 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 135693 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lar3

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T11:26:53.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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