*** Can be purchased individually or a part of a 48-unit portfolio, please contact LA1 for more information ** 722 West 79th is an all two-bdrm. fourplex located in South Los Angeles with approx. 104% upside in rents. Located just west of the 110 Freeway, the subject property is comprised of (4) two-bdrm. & 1-bath units that generate approx. $4,200+ in gross monthly income. Based on market rents on renovated units in the area, we believe a future investor could achieve $2,150 per unit and operate the building at a 11.86% market CAP and 6.85 market GRM. The property amenities include gated entry, on-site parking and a community laundry room.
Listing Agent: Max Berger Courtesy of: Compass Office phone: 310-230-5478 Based on information from CRISNet MLS 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. Updated: 4th October, 2022 7:16 AM (UTC)