7803 TOWNE AVENUE, LOS ANGELES CA 90003

  • 3,546 sq.ft.
  • 6,780 sq.ft. lot
offered at $1,095,000
MLS#:RS19012583
Status: Active // Property Type:
County: Los Angeles // Year Built: 1990

Property Description

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

Interior Features

Heating: Wall Heater

Exterior Features

Exterior Features: Curbs, Sidewalks
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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