945 76th St

Outstanding opportunity to invest in a five-unit multifamily property offering strong returns and significant upside potential. Located at 945 W 76th St, the property includes two newly constructed ADUs, two fully renovated units, and one detached standalone unit. Four of the five units are currently leased, with the final unit set to be occupied on October 1 at a monthly rent of $2,695. Once all units are stabilized, the projected gross annual income is approximately $140,000. Using consistent expense assumptions, this equates to a pro forma cap rate of around 10 percent. Each unit has been updated with modern finishes and features separate utility meters. Recent construction ensures minimal maintenance for years to come. Conveniently situated near USC, SoFi Stadium, and major freeways, this turnkey property is perfect for investors looking for immediate cash flow, 1031 exchange potential, and long-term value appreciation.