Property Detail

Description

426 E 79th St | 4-Unit Multifamily in South Los Angeles. 1965 construction on a 4,775 SF R2-1 lot with 2,848 SF of living area; efficient layouts with (4) 2-bed / 1-bath units. (1 Vacant) One unit to be delivered vacant at close, allowing immediate lease-up at market rents or potential owner-occupancy. Two units stabilized under Section 8 contracts provide guaranteed income. Attractive sub-$900k price point with a ~7.43% current cap and ~10.85% pro forma; strong tenant demand and ~43% rental upside in a transit-connected South LA neighborhood.