945 W 76th St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25216647
HOA Y/N No
Year Built 1921
Lot Size 5,593 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional 5-unit multifamily investment offering strong returns and clear upside. 945 W 76th St includes two brand-new ADUs, two fully rehabbed units, and one stand-alone detached unit. Four units are currently leased, and the final unit is scheduled to be occupied on October 1 at $2,695. Current gross income supports a cap rate of about 6.8% at the $1,198,000 list price. With all five units stabilized, projected gross income is roughly $140,000 annually, raising the pro-forma cap rate to approximately 8.8%. Each unit features modern updates and separate meters, and recent construction provides years of low-maintenance ownership. Located near USC, SoFi Stadium, and major freeways, this turnkey property is ideal for investors seeking immediate cash flow, 1031 exchange opportunities, and long-term appreciation.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs,Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6020008031
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard