940 W 76th St

Property Description

Price Reduced $50,000! We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 940 W. 76th St. This charming building is located in a rapidly gentrifying area, and was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 2,193 on a 5,872-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a unit mix, consisting of four (4) 1-bedroom+ 1-bathroom units, as well as four (4) on-site garage parking spaces, and is individually metered for gas and electricity. The subject property is 100% occupied, and all tenants are current with rental payments. Ideally situated within close proximity to the 110 freeway, this apartment building offers convenient access to DTLA, USC, LA Coliseum, and Sofi Stadium.