1116 W 78th, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 3 bath
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Los Angeles, California 90044
This 3-Bedroom, 3-Bathroom Single Family Residence represents a Strong Value Opportunity, listed at $785,000—positioned well above the $730,978 Fair Market Value by 7%. While the price reflects a premium, the property features a Condition Rating of 3 with recent interior renovations and includes architectural plans for a 2-story ADU, providing significant long-term rental income potential. Located in the Los Angeles Unified School District, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage future development to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 W 78th Subject | $785,000* List Price | 3 | 3 | 1,202 | $608 | - |
A 1116 W 76th Sold | $580,000 | 3 | 1 | 1,130 | $513 | 0.1 mi |
B 940 W 73rd Sold | $705,000 | 3 | 2 | 1,339 | $527 | 0.4 mi |
C 1331 W Manchester Sold | $669,900 | 3 | 2 | 1,030 | $650 | 0.7 mi |
D 6915 Bonsallo Sold | $620,000 | 2 | 1 | 864 | $718 | 0.7 mi |
E 8810 Menlo Avenue Sold | $650,000 | 3 | 2 | 980 | $663 | 0.8 mi |
F 1223 W 68th Sold | $585,000 | 3 | 1 | 910 | $643 | 0.6 mi |
G 1232 W 74th Street Active | $699,900 List Price | 3 | 3 | 1,230 | $569 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1912, the interior shows evidence of a recent renovation (likely within the last 5-15 years) including updated vinyl plank flooring and modern tile work in the bathroom. The home appears functional and move-in ready, though the exterior and landscaping require some attention.
The inclusion of architectural plans for a 2-story ADU provides a significant opportunity for future value appreciation and rental income potential.
A 3-bedroom, 3-bathroom configuration is rare for this square footage, offering enhanced privacy and convenience for families or co-living arrangements.
The property is conveniently situated near major freeways, schools, and shopping centers, ensuring high accessibility and appeal for commuters.
Built in 1912, the home may require significant maintenance or upgrades to aging systems such as plumbing, electrical, and foundation.
At 1,202 square feet for a 3-bedroom home, the interior layout may feel constrained, particularly in common living areas.
FIRST SHOWING AT OPEN HOUSE THIS WEEKEND 7/25 & 7/26 FROM 12-4PM. Charming 3 BED 3BATH home with great future potential. Seller has architectural plans for a 2-story ADU, offering added flexibility for extended living or rental income. Conveniently located near freeways, schools, shopping, and local amenities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,202 | 1,672 |
| Lot Size | 5,927 | 6,067 |
| Price | $785.0K | $1.37M |
| Price per sq ft | $653 | $801 |
| Built year | 1912 | 1939 |
| HOA | $0 | $348 |
| Days on market | 1 | 56 |
Jul 24, 2026
$785,000
Initial Listing
Jul 14, 2021
$565,000
Public Record
Dec 20, 2002
$172,000
Public Record
Sep 1, 1999
$135,000
Public Record