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Listed by Steven Richardson, DRE #01510320 • Y Realty
$725,000
Est. payment /mo
4,980 Sqft Lot
Active
7705 S Vermont AVE Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26217170
Year Built 1921
Lot Size 4,980 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Massive price cut investors cash flowing property act now. 3 separate Homes on 1 Lot Corner Property with current $82,380 annual gross income. Capitalization rate 7.95% Gross rent multiplier (GRM) 8.80× Gross rental yield 11.36% Price per home $241,667 1000 W. 77th St, 7707 & 7705 S. Vermont Ave, Los Angeles, CA 90044 Or develop additional units : Development Opportunity Build 13 units of Multifamily on the Vermont Corridor with 20% Affordable Housing. Welcome to this unique triplex property featuring three separate homes on one lot, ideal for extended families, owner-occupants looking for rental income, or savvy investors seeking a great opportunity in South Los Angeles! Main Home - 1000 W. 77th St A spacious 4-bedroom, 2-bathroom single-family residence with a generous layout perfect for comfortable living. Enjoy the large front yard, ideal for outdoor activities, and the privacy of a corner location. Second Unit - 7707 S. Vermont Ave A charming 1-bedroom, 1-bath detached home, offering great potential as a rental unit or guest house, with its own private entrance and separation from the main house. Third Unit - 7705 S. Vermont Ave A cozy studio unit in a separate structure, perfect for a rental, home office, or additional living sp
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry Other
Exterior
Parking Features No Parking
Pool None
Building
Water District - Public
Others
Tax ID 6019017001
Special Listing Condition Not Applicable
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