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… Read More & 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 space. This property is well-suited for multi-generational living or maximizing rental income. Conveniently located near public transit, local shops, schools, and just minutes from Downtown LA, this triplex offers flexibility, functionality, and future upside in an emerging neighborhood. Property Highlights: Spacious 4-bed/2-bath main home with large front yard Detached 1-bed/1-bath unit Separate studio unit Corner lot with excellent street visibility Great for family compound or investment property Close to schools, shopping, and transportation Don t miss this incredible opportunity to own a versatile, income-generating property in the heart of South LA! Read Less
Courtesy of Y Realty 877-976-5348
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,540
Lot Size
0.11 Acres
Year Built
1921
MLS Number
PW26217170MR
Additional Details
Building
2,540 sq ft, Built in 1921, Detached/No Common Walls
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