1420 E 77th Place, Los Angeles, California 90001, Los Angeles, 90001 - 5 bed, 2 bath
ACTIVE$829,999$2,007/sqft
1420 E 77th Place, Los Angeles, California 90001
5Beds
2Baths
2,007Sqft
6,573Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex offering significant income potential, ideal for investors or multi-generational living arrangements.
Top Cons:
Unpermitted Additions: Some portions of the property were added without permits, and the City is aware, which could lead to legal complications or require costly remediation.
Compared to the nearby listings
Price:$830.0K vs avg $708.0K (+$121,999)82%
Size:2,007 sqft vs avg 1,320 sqft82%
Price/sqft:$414 vs avg $47345%
More Insights
Built in 1921 (105 years old).
Condition: Built in 1921, this property is over a century old. While the front unit is described as 'comfortable,' the rear unit explicitly requires renovation. The presence of 'unpermitted additions' is a significant concern, potentially indicating structural or safety issues that require substantial rehabilitation. Images show an unkempt exterior and older features like a window AC unit, suggesting outdated systems and a need for major updates throughout.
Year Built
1921
Close
-
List price
$830K
Original List price
$830K
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
IV26006357
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Charming Los Angeles duplex with income potential! The front home offers 4 bedrooms and 2 bathrooms with comfortable living spaces ready to enjoy. The rear unit features 3 bedrooms and 1 bathroom, ready for your personal vision or renovation ideas—perfect for creating additional income or multi-generational living. Located in a peaceful neighborhood close to freeways, shops, and commercial conveniences. A long driveway accommodates multiple vehicles with ease. Some portions of the property were added without permits; the City is aware. Buyer and buyer’s agent to verify all details and conduct their own investigations.
L
LISSY VELAZQUEZ CORDON
Listing Agent
Price History
Date
Event
Price
05/23/00
Sold
$162,000
Condition Rating
Poor
Built in 1921, this property is over a century old. While the front unit is described as 'comfortable,' the rear unit explicitly requires renovation. The presence of 'unpermitted additions' is a significant concern, potentially indicating structural or safety issues that require substantial rehabilitation. Images show an unkempt exterior and older features like a window AC unit, suggesting outdated systems and a need for major updates throughout.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex offering significant income potential, ideal for investors or multi-generational living arrangements.
Flexible Living Arrangements: Comprising two distinct units (4 beds/2 baths and 3 beds/1 bath), it provides versatility for owner-occupancy with rental income or dual rental streams.
Convenient Location: Situated in a peaceful neighborhood with excellent access to freeways, shops, and commercial conveniences.
Ample Parking: A long driveway accommodates multiple vehicles with ease, a valuable asset in urban Los Angeles.
Value-Add Opportunity: The rear unit is described as 'ready for your personal vision or renovation ideas,' presenting a clear opportunity for customization and increased property value.
Cons
Unpermitted Additions: Some portions of the property were added without permits, and the City is aware, which could lead to legal complications or require costly remediation.
Renovation Required for Rear Unit: While the front unit is ready, the rear unit explicitly requires renovation or personal vision, indicating a need for additional investment and work.
Age of Property: Built in 1921, the property is over a century old, which may imply potential for outdated systems and higher ongoing maintenance costs.