Major Fixer - Ideal for Investors, Flippers & Builders! 1524, 1526 & 1526 1/2 E 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 1526 1/2), 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.
| MLS # | 26871219 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 22 |
| Listing Provided By | Keller Williams Studio City | David Weinberger |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,884 |
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Zoning | LCR3* |
| Acreage | 0.13 |
| Security Features | Gated Community |
|---|---|
| Lot Features | Rectangular Lot |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Controlled Entrance, Door Multi, Driveway, Garage |
| Garage Yes / No | Yes |
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90001) | |
Price: $600,000 low | high Med: $849,777 sqft: 1,884 low | high Med: 1,768 $ / sqft: $318 low | high Med: $481 On site: 22 low | high Med: 111 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90001) | |
Price: $600,000 low | high Med: $849,777 sqft: 1,884 low | high Med: 1,768 $ / sqft: $318 low | high Med: $481 On site: 22 low | high Med: 111 | |