135 E 77th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$628,000$1,296/sqft
135 E 77th, Los Angeles, California 90003
0Bed
0Bath
1,296Sqft
5,102Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income Stream: All three units will be delivered with existing tenants, ensuring immediate rental income for the investor from day one.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 1814.
Compared to the nearby listings
Price:$628.0K vs avg $725.0K ($-97,000)33%
Size:1,296 sqft vs avg 1,680 sqft13%
Price/sqft:$485 vs avg $38878%
More Insights
Built in 1928 (98 years old).
Condition: Built in 1928, this property is nearly a century old. While the listing states 'ALL UNITS ARE IN GOOD CONDITION' and the exterior appears maintained with a fresh paint job and updated windows, the age strongly suggests that major systems and interior finishes (kitchens, bathrooms, flooring, fixtures) are likely outdated, even if functional. Visible exterior electrical conduits hint at older infrastructure. Without interior photos, it's assumed the 'good condition' refers to functionality and cleanliness rather than modern updates or recent extensive renovations, placing it in the 'fair' category where components are functional but show signs of being outdated.
Year Built
1928
Close
-
List price
$628K
Original List price
$628K
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
DW26008793
Home ConditionFair
Features
View-
About this home
BIG OPPORTUNITY 3 UNITS WITH 1 BED AND I BATH. ALL UNITS ARE IN GOOD CONDITION IN A GOOD AREA WITH A LONG DRIVEWAY ALSO IT IS GATED FOR PRIVACY AND all UNITS WILL BE DELIVERED WITH TENANTS. TENANTS PAY GAS AND ELECTRICITY AND SELLER PAYS WATER. ***ONE PARKING FOR EACH UNIT *** EXECELLENT OPPORTUNITY FOR INVESTORS!!!!**
J
Juan Beltran
Listing Agent
Condition Rating
Fair
Built in 1928, this property is nearly a century old. While the listing states 'ALL UNITS ARE IN GOOD CONDITION' and the exterior appears maintained with a fresh paint job and updated windows, the age strongly suggests that major systems and interior finishes (kitchens, bathrooms, flooring, fixtures) are likely outdated, even if functional. Visible exterior electrical conduits hint at older infrastructure. Without interior photos, it's assumed the 'good condition' refers to functionality and cleanliness rather than modern updates or recent extensive renovations, placing it in the 'fair' category where components are functional but show signs of being outdated.
Pros & Cons
Pros
Immediate Income Stream: All three units will be delivered with existing tenants, ensuring immediate rental income for the investor from day one.
Reduced Landlord Utility Costs: Tenants are responsible for paying their own gas and electricity, significantly reducing the landlord's ongoing utility expenses.
Dedicated Parking: The property offers one dedicated parking space for each unit, a valuable amenity in a dense urban area like Los Angeles.
Privacy and Security: The property is gated, providing enhanced privacy and security for residents.
Investment Opportunity: Explicitly marketed as an 'EXCELLENT OPPORTUNITY FOR INVESTORS!!!!' with three income-generating units, ideal for portfolio expansion.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 1814.
Age of Property: Built in 1928, the property may require significant capital expenditures for system upgrades, renovations, or deferred maintenance common in older buildings.
Landlord Water Expense: The landlord is responsible for paying the water bill for all units, representing an ongoing operational cost that impacts net income.
Limited Unit Configuration: All three units are 1 bedroom and 1 bathroom, which may limit the potential tenant pool or rental income ceiling compared to properties with larger unit configurations.