517 W 79th St, Los Angeles, Los Angeles County, CA, 90044 Los Angeles CA US

We are proud to exclusively present for sale a newly expanded residential income building in South Los Angeles. Originally a Triplex built in 1956, four units were added in 2022. The building features comfortable unit layouts consisting of One 4 Bedroom, 2 Bathroom unit and Six 1 Bedroom, 1 Bathroom units. All units are registered as Affordable Housing. With easy access to the well-parked building from the side-Alley, the 8 parking spaces are all side-by-side. The building has strong Upside Potential, especially with Affordable Units that may be rented to Section 8 Tenants for increased and reliable rents. With tons of restaurants and shopping within walking distance, the property is located near several new developments for mixed-use and Affordable Housing bringing more foot traffic to the area. And just wait for the coming Metro Vermont Transit Corridor BRT changesspecifics may still be sparse, but this property is less than half a mile to Vermont! Walk to the Crenshaw Christian Center, or pull up to the 405 in no time at all. The tenants in the original units are paying their original rents. Upon the original tenants' vacating of the premises, new tenants would fall under the Affordable Housing Rental Covenant restrictions. Find out more about this property. Request details here