Log In/Sign Up
542 W 76th St
Los Angeles, CA 90044
Multifamily Property For Sale
·
6 Units
Investment Highlights
- A six-unit true value-add investment opportunity located in South Los Angeles south of W Florence Ave between S Hoover St and S Figueroa St
- The property has 10 parking spaces and is separately metered for gas and electric
- Numerous schools in the immediate area including Loren Miler Elementary School, Manchester Ave Elementary School, and only 4 miles south of USC
- A desirable unit mix of two-bedroom units currently leased at below market rents and the opportunity to capture over 42% in rental upside
- Offered at a 4.09% CAP rate on current income with pro forma CAP rate of 6.88% when the building is stabilized
- Well-maintained building located in a rapidly gentrifying submarket of Los Angeles with increasing rents year-over-year; near major freeways
Property Facts
| No. Units | 6 | Building Size | 4,128 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | B | Parking Ratio | 2.42/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 4,128 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.42/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 6020-020-005 | Improvements Assessment | $338,130 |
| Land Assessment | $1,040,400 | Total Assessment | $1,378,530 |
Property Taxes
Parcel Number
6020-020-005
Land Assessment
$1,040,400
Improvements Assessment
$338,130
Total Assessment
$1,378,530
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
