Skip To Content
    Return to Previous Page

    1020 E 75Th St

    Los Angeles, CA 90001
    • $1,236,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 21-691404
    UPDATED: 96 min ago
    $1,236,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,772
      SQFT
    • $446
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    We are pleased to exclusively present 1020 E 75th Street (The 75th Street Apartments) in the city of Los Angeles. The Bungalows on 75th offer an investor an opportunity to own an excellent piece of real estate in a fast-appreciating rental market. The 75th Street Apartments is a 6-unit multifamily investment property with a build date of 1928 on a 6,003 square foot lot, a 2,772 square foot building, and separately metered for gas and electric. Four of six units have been recently renovated with modern renovations including wood flooring, modern kitchens, modern bathrooms in a low turnover market offering long term security for the new investor. While most units have been renovated and current ownership has meticulously maintained the property, the 75th Street Apartments offer alternative areas to add value to the investment property. The 75th Street Apartments offers an excellent unit mix of 100% one-bedroom/one-bathroom units with a unique layout. The unique construction of the building features five buildings with free standing bungalow style units and 2 units above the garage with all plumbing upgraded to copper. Please contact listing Broker for more information.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-06T23:42:21.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/114085883
    Print Image

    1020 E 75Th St Los Angeles, CA 90001

    • Price: $1,236,000
    • Status: Active
    • Updated: 96 min ago
    • ID#: 21-691404
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,772
    SQFT
    $446
    $/SQFT
    1928
    Built
    Neighborhood:
    Metropolitan South
    County:
    Los Angeles
    Area:
    Metropolitan South
    Property Description
    We are pleased to exclusively present 1020 E 75th Street (The 75th Street Apartments) in the city of Los Angeles. The Bungalows on 75th offer an investor an opportunity to own an excellent piece of real estate in a fast-appreciating rental market. The 75th Street Apartments is a 6-unit multifamily investment property with a build date of 1928 on a 6,003 square foot lot, a 2,772 square foot building, and separately metered for gas and electric. Four of six units have been recently renovated with modern renovations including wood flooring, modern kitchens, modern bathrooms in a low turnover market offering long term security for the new investor. While most units have been renovated and current ownership has meticulously maintained the property, the 75th Street Apartments offer alternative areas to add value to the investment property. The 75th Street Apartments offers an excellent unit mix of 100% one-bedroom/one-bathroom units with a unique layout. The unique construction of the building features five buildings with free standing bungalow style units and 2 units above the garage with all plumbing upgraded to copper. Please contact listing Broker for more information.
    Exterior Features

    Entry Location Ground Level - No Steps Lot Size Area 6004 Other Structures OtherAccessory Bldgs Parking Garage None Roof Flat Style Bungalow Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling None Equipment Other Flooring LaminateHardwood Heating Central Water Heater Features Multi-Tank

    Property Features

    Assessed Total Value 99451 Gross Income 92771 Gross Operating Income 89524 Like Units1 6 Net Operating Income 59461.00 Number Of Buildings 5 Number Of Units 6 Owner Pays Water Property Condition Updated/Remodeled Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 30063 Type Of Units Market Rate Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Manny Nunez Jd DRE#01990970 of Cb Richard Ellis, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-06T23:42:21.233. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-691404-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-691404-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-691404-2.jpg
    Logo
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377