
Los Angeles, California 90044
This Single Family Residence presents a Strong Value Opportunity with a List Price of $605,000—positioned well below the $649,000 Fair Market Value by 6%. This valuation gap offers $44,000 in Instant Equity for buyers. With a Condition Rating of 4, the property requires modernization, yet the 5,930 sqft lot provides significant ADU & Expansion Potential. Located in the Vermont Knolls neighborhood, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 W 76th Subject | $605,000* List Price | 3 | 1 | 1,130 | $574 | - |
A 1223 W 68th Sold | $585,000 | 3 | 1 | 910 | $643 | 0.5 mi |
B 1305 W 84th Sold | $570,000 | 2 | 1 | 893 | $638 | 0.6 mi |
C 824 W 74th Pending | $655,000 List Price | 3 | 1 | 1,176 | $557 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, this property is over 100 years old and is explicitly described as an 'opportunity for updates and customization.' While the exterior appears maintained and the floor plan is functional, the lack of mentioned renovations to the kitchen, single bathroom, or major systems (HVAC/Electric) suggests the home is dated and requires modernization.
High School: Middle College High School (9/10).
The generous 5,930 square foot lot provides ample space for the development of an Accessory Dwelling Unit (ADU) or a significant backyard retreat, offering excellent value-add potential for investors and homeowners.
Situated in the established Vermont Knolls neighborhood, the property offers convenient access to Downtown Los Angeles, SoFi Stadium, and major freeways, making it an ideal hub for commuters and entertainment seekers.
The residence features three bedrooms but only one bathroom, which may be a significant drawback for modern families and could necessitate additional investment to add a second bathroom.
The majority of the immediate public schools in the district carry low performance ratings, which may deter families prioritizing high-quality educational facilities and impact long-term resale appeal.
Welcome to 1116 W 76th Street, a charming Los Angeles home located in the established Vermont Knolls neighborhood. This 3-bedroom, 1-bath residence offers approximately 1,130 square feet of living space and sits on a generous 5,928 square foot lot, providing room to expand, garden, or create your ideal outdoor retreat. Built in 1912, the home maintains its classic character while offering a great opportunity for updates and customization. Inside, you'll find a functional floor plan with spacious bedrooms, natural light, and comfortable living areas. The large backyard creates exciting possibilities for entertaining, outdoor living, or potential ADU development, making this property appealing to both homeowners and investors alike. Conveniently located near schools, shopping centers, public transportation, and major freeways, the home provides easy access to Downtown Los Angeles, SoFi Stadium, and surrounding communities. Whether you're a first-time buyer looking for a place to make your own or an investor seeking long-term value in Los Angeles, this property offers tremendous potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,130 | 1,254 | 39% |
| Lot Size | 5,930 | 5,287 | 63% |
| Price | $605.0K | $660.0K | 37% |
| Price per sq ft | $535 | $522 | 54% |
| Built year | 1912 | 1928 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 167 | 3% |
May 16, 2026
$649,000
Initial Listing
May 16, 2026
$605,000
Initial Listing