720 E 82nd Street, Los Angeles, CA 90001

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
SR26147289
Year Built
1963
Lot Size
5,102
Acres
0.12
Lot Location
Lawn, Yard
Days on Market
5
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Exceptional investment opportunity in South Los Angeles! This triplex features three spacious units, each offering 2 bedrooms, 1 full bathroom, and individual washer and dryer hookups for added tenant convenience. With a total of 6 bedrooms and 3 bathrooms, this property is an excellent opportunity for investors or owner-users looking to build equity and maximize rental income. The property is being sold AS IS and is in need of repairs and updating, offering the perfect opportunity to renovate and add value. A long driveway provides ample off-street parking for tenants, with additional onsite parking located behind the two rear units. The property also features a grassy front yard and mature trees in the rear, creating a pleasant outdoor setting. Conveniently located in South Los Angeles with easy access to major freeways, public transportation, shopping, schools, and neighborhood amenities, this multifamily property offers tremendous upside potential in a strong rental market. Whether you're looking to renovate and hold for long-term income or add to your investment portfolio, this is an opportunity you won't want to miss.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Roof
Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$18,000
Operating Expense
10773

Listing courtesy of Listing Agent: Maisah Howard (maisah.howard@gmail.com) from Listing Office: Pinnacle Estate Properties, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.