1201 E 78th ST, Los Angeles, CA 90001
1201 E 78th ST, Los Angeles, CA 90001
1201 E 78th ST, Los Angeles, CA 90001
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Jose Vasquez-Tafur, DRE #02004519 • JWillian Realty
$1,098,000
Est. payment /mo
4,931 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIG26152988

Year Built 1960

Lot Size 4,931 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

HUGE REDUCTION: VACANT, VACANT, VACANT Exceptional Value-Add Opportunity! 3 Residential Units, Studio & Oversized Garage with ADU Conversion Potential | No Rent Control (Please check with the City). An exceptional opportunity for investors and owner-occupants alike! The spacious front 3-bedroom, 1-bath unit will be delivered vacant at the close of escrow, offering the perfect opportunity to owner-occupy, while rental income from the remaining units helps significantly reduce your monthly housing expenses. This versatile income-producing property features an outstanding unit mix, including a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, plus a studio with a full bathroom. The oversized garage offers excellent ADU conversion potential (Buyer to verify with the City), creating an outstanding value-add opportunity with the potential to generate additional rental income and further enhance the property's value. The property also features a large private parking area, providing ample off-street parking for residents, guests, and additional vehicles. One of the property's most valuable features is that it is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (Rent Control), providing greater flexibility for future rental managem

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Kitchen None

Interior

Heating No Heating

Cooling None

Laundry Laundry Area

Exterior

Parking Features No Parking

Garage Spaces 3.0

Pool 31, None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 6024015017

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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1201 E 78th ST

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