Millman Team Real Estate

$1,490,000
14 Bed
7 Bath
4,576 Sqft
0.15 Acre Lot

426 W 77th Street, Los Angeles, California 90003

  • Residential Income Property Type
  • 4,576 Sqft Square Footage
  • Gated Cars Garage
  • 1927 Year Built
Property Description

This property is a high-revenue-generating cash cow with a cap rate of over 9%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.

Basic Details
Residential Income
For Sale
25515817
$1,490,000
14
7
4,576 Sqft
1927
0.15 Acre
Active
Features
: Wall Furnace
: Gated
2.0
: Other
: Double Pane Windows
$0
Appliances
: Microwave, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90003
77th
426
Street
Between Figueroa and Flower st on 77th street.
C36 - Metropolitan Southwest
W
LAR3
Additional Information
$0
$0
$0
$0
$0
4576
: Gated
2
: One, Two
7
2025-03-25
1695000
1
2
Broker/Agent Information
Keller Williams Beverly Hills
Meran Solamany
Listing Information
Farhoud Bastanfar
CLW-C106342
CLW-X83365
Keller Williams Encino/Sherman Oaks
CLW-X93364
CLW-X74054
Active
2025-07-28T19:36:09Z
CRMLS
: Standard
2025-03-25T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us