7705 S Vermont Avenue,Los Angeles, CA 90044
Los Angeles, CA 90044
Description
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 & 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!
Details
| MLS # | PW26217170 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 14 |
| Listing Provided By | Y Realty | Steven Richardson |
Features
| SQ Feet | 2,540 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Zoning | LAC2 |
| Acreage | 0.11 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | None |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $725,000 low | high Med: $749,000 sqft: 2,540 low | high Med: 972 $ / sqft: $285 low | high Med: $771 On site: 14 low | high Med: 69 | |
Market Activity 90044
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $725,000 low | high Med: $749,000 sqft: 2,540 low | high Med: 972 $ / sqft: $285 low | high Med: $771 On site: 14 low | high Med: 69 | |