1526 E 77th Pl - Triplex | Fixer | Investment Opportunity 3 Unit Apartment Building Offered at $835,236 CAD at a 5.80% Cap Rate Los Angeles, CA 90001

Major Fixer – Ideal for Investors, Flippers & Builders! 1524, 1526 & 1526½ East 77th Place presents a three-unit, value-add investment opportunity with significant renovation and repositioning potential. Located in the Florence-Graham neighborhood of South Los Angeles, the property consists of approximately 1,884 SF with 4 bedrooms and 3 bathrooms (per title) across three separate structures: the front main house (1524), rear units (1526 and 1526½), and a detached three-car garage structure located between the front and rear buildings.
The property is fully occupied by five tenants who are paying rent (Current Annual Gross Income - $50,220). The three garage spaces have been converted to occupied living units; buyer to independently verify all permits, plans, square footage, unit count, legal use, and property configuration. Well suited for an investor, owner-user, flipper, or builder seeking a multifamily renovation, fix-and-flip, or longer-term value-add opportunity.
DO NOT DISTURB OR CONTACT TENANTS. Submit all offers subject to interior inspection. Listing Agents do not know interior condition and make no representations. Seller and/or seller's agent make no representations as to the accuracy of any information provided. The property is being sold in "as is" "where is" condition, with all faults, known and unknown, with absolutely no representations or warranties, expressed or implied, by Seller and/or Sellers Agents. Buyer to verify all information provided with appropriate entities and satisfy self. Sale is subject to court confirmation and possible overbid.
There will be a date set for all tours - email agents after reviewing attachments.
Submit offers subject to interior inspection. A tour date will be arranged to tour the interior for those who submitted offers.