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Multifamily

1018 E 79th St

1018 E 79th St, Los Angeles, CA 90001

Listing Price: $995,000

Cap Rate
7.90%
Number of Units
4
GRM
8.61
Occupancy
100.0%
Price/Unit
$248,750
Price/Gross SF
$418.07
Gross SF
2,380

Investment Overview

The Weir Group is pleased to present our newest exclusive listing in South Los Angeles. This charming Spanish style four unit property is fully vacant and presents a rare opportunity for an investor to come and put their own finishing touches, lease to their select tenants, and operate at an above average yield. The property is comprised of four large one bedroom – one bathroom units and has four covered parking spots. A new owner can explore converting the garage into an ADU or keeping as existing parking for tenants. The property is located on the corner of Central Ave and E 79th St, just a short drive north of Manchester Ave. For more information, please reach out directly to the listing agent.

Investment Highlights

  • FULLY Vacant 4 Unit
  • 7.90% CAP RATE
  • ADU Potential/4 Garage Spots
  • Estimated ± 7% Yield On Cost

Exclusively Listed By

Multifamily

1018 E 79th St

Listing Price: $995,000

Cap Rate
7.90%
Number of Units
4
GRM
8.61
Occupancy
100.0%
Price/Unit
$248,750
Price/Gross SF
$418.07
Gross SF
2,380

Investment Highlights

  • FULLY Vacant 4 Unit
  • 7.90% CAP RATE
  • ADU Potential/4 Garage Spots
  • Estimated ± 7% Yield On Cost

Investment Overview

The Weir Group is pleased to present our newest exclusive listing in South Los Angeles. This charming Spanish style four unit property is fully vacant and presents a rare opportunity for an investor to come and put their own finishing touches, lease to their select tenants, and operate at an above average yield. The property is comprised of four large one bedroom – one bathroom units and has four covered parking spots. A new owner can explore converting the garage into an ADU or keeping as existing parking for tenants. The property is located on the corner of Central Ave and E 79th St, just a short drive north of Manchester Ave. For more information, please reach out directly to the listing agent.

Exclusively Listed By

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