7803 TOWNE AVENUE, LOS ANGELES CA 90003
- 3,546 sq.ft.
- 6,780 sq.ft. lot
Best deal in the City of Los Angeles for investors looking for positive cash flow!! 6% cap rate ! 4 units on corner lot: single family house at 7802 Towne built in 1940 and triplex at 348-350-352 E 78th Street built in 1990. All 2BR units. Single family house has laundry room and garage. 2-story triplex has gated parking for 6 cars: 4 carport spaces and 2 open spaces. Section 8 rents means guaranteed rental income. Two months security deposit was collected for each tenant which will transferred to the new Owner. Tenants pay their own gas, electricity, and trash. No rent control because triplex was built after 1978.
Listing Courtesy of Carmen Hill, CitiHousing Real Estate
raj qsarCEO | Owner |
- cell 714.412.5019
- office 949.612.2535
Based on information from California Regional Multiple Listing Service, Inc. as of February 13, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.