1212 East 76th Place
$1,075,000
8
8
4,650
4,650
$231
Active Under Contract
Description
We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for...We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for the ability to control utility costs. The average rent for the (6) occupied units is $1,083 per unit and offers a potential investor with approximately 64% upside in rental income. Buyers are encouraged to verify all building records and data for accuracy. Located south of E. Florence Avenue and east of S. Central Avenue, the subject property is centrally located in the heart of South Los Angeles and is a short distance from the 110 and 105 Freeways, providing access throughout all Greater Los Angeles. Tenants can also access multiple bus stops along S. Central Ave.
- Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01238010 • Marcus & Millichap
Property Details for 1212 East 76th Place
Zoning
LCR3*
Parcel Number6024012003
Total Units8.0
Living Area4650
Source Living AreaVendor Enhanced
AreaMetropolitan South (C37)
Vacancy Rate2
Lot Size Area5431
LISTING UPDATED: 11/25/2024 03:24 PM
Property Details for 1212 East 76th Place
Status | Active Under Contract |
---|---|
MLS # | 24-445213 |
Days on Market | 61 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1926 |
Lot Size | 0.12 AC / 5,431 SF |
County | Los Angeles County |
Building Information for 1212 East 76th Place
Stories2Residences-Year Built1926Building Size-Lot Size0.12 AC / 5,431 SF
Property Information for 1212 East 76th Place
Property History for 1212 East 76th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1212 East 76th Place
Taxable ValueLand$14,150Additions$34,580Total$48,730
Tax Record2024$4,820 ($402 / month)
Home Facts
Total Finished SqFt4,650 SqFtAbove Grade Finished SqFt4,650 SqFtLot Size5,431 SqFtStyleMulti-Family Res (5+ Units)Year Built1926ZoningLCR3*CountyLOS ANGELESAPN6024-012-003
Schools near 1212 East 76th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Parmelee Avenue Elementary School PublicK to 6 | ||
Thomas A. Edison Middle School Public6 to 8 | ||
University Pathways Public Service Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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