804-806 East 76th Place

Los Angeles, CA 90001

$1,299,000
Price
10
Beds
6
Baths
3,715 Sq. Ft.
$350 / Sq. Ft.
3,715
Sq. Ft.
$350
per Sq. Ft.

Description

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...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.
  1. Listed by Cary Hairabedian • DRE #00876519 • Brokerage DRE #01030870 • RE/MAX College Park Realty • 714-960-2449

Property Details for 804-806 East 76th Place

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3715
LISTING UPDATED: 10/18/2024 09:12 AM

Property Details for 804-806 East 76th Place

StatusActive
MLS #PW24174456
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size0.12 AC / 5,099 SF
CountyLos Angeles County

Building Information for 804-806 East 76th Place

Stories1Residences-Year Built2022Building Size-Lot Size0.12 AC / 5,099 SF

Property Information for 804-806 East 76th Place

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $88,800
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $64,540
  • Cap Rate: 4.78
Expense Details
  • Operating Expense: $24,260
  • New Taxes Expense: $16,570
  • Gardener Expense: $90
  • Licenses Expense: $320
  • Insurance Expense: $2,000
  • Professional Management Expense: $5,280
  • Trash Expense: $0
  • Total Expenses: $24,260
Tax / Assessment Info
  • Tax Tract Number: 6
  • Tax Census Tract: 2395.02
  • Tax Lot: 698
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Gas Range, Water Heater
  • Equipment: Gas Or Electric Dryer Hookup, In Closet, Inside, On Upper Level, Washer Hookup
  • Interior Features: Granite Counters
  • Room Type: Laundry, Main Floor Bedroom, Primary Suite
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Upper Level, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Flooring: Carpet
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood, Wrought Iron
  • Fencing: Wood, Wrought Iron
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
Green Info
  • Green Energy Efficient: Water Heater, Windows
  • Green Energy Generation: Solar
Land/Lot Info
  • Lot Features: Landscaped, Level with Street, Rectangular Lot, Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,600
  • Unit Type Total Rent: $3,600
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,800
  • Unit Type Total Rent: $3,800
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Range: 2
  • Number With Carpet: 2

Property History for 804-806 East 76th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 804-806 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
Mckinley Avenue Elementary School
PublicK to 6

Thomas A. Edison Middle School
Public6 to 8

John Hope Continuation School
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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804-806 East 76th Place is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on August 22, 2024 by RE/MAX College Park Realty, it's currently listed at $1,299,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Mckinley Avenue Elementary School, Thomas A. Edison Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 804-806 East 76th Place is a 10-bed, 6-bath, 3,715 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX College Park Realty, Cary Hairabedian, DRE #00876519

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.