
Los Angeles, California 90001
This quadruplex presents a High-Potential Investment Opportunity with a List Price of $900,000—positioned well below the $903,690 Fair Market Value by 0.4%. Featuring a Fair Condition Rating (1947 build), the property requires significant capital improvements to modernize aging systems. However, the vacant 3-bedroom unit and private backyards for all four units provide immediate rental upside. This is a strategic Buy-and-Hold Investor asset or a viable project for Owner-Occupants utilizing FHA financing to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1450 E 77th Place Subject 0 bd · 0 ba · 2,472 sqft · $366 | $900,000* List Price | 0 | 0 | 2,472 | $366 | - |
A 7919 Naomi Sold 0 bd · 0 ba · 2,350 sqft · $274 · 0.4 mi | $643,000 | 0 | 0 | 2,350 | $274 | 0.4 mi |
B 1237 E 76th Sold 0 bd · 0 ba · 1,728 sqft · $420 · 0.4 mi | $725,000 | 0 | 0 | 1,728 | $420 | 0.4 mi |
C 8006 Hooper Sold 5 bd · 2 ba · 1,945 sqft · $375 · 0.3 mi | $730,000 | 5 | 2 | 1,945 | $375 | 0.3 mi |
D 640 E 74th Sold 0 bd · 0 ba · 2,078 sqft · $354 · 0.9 mi | $735,000 | 0 | 0 | 2,078 | $354 | 0.9 mi |
E 1836 E 71st Active 0 bd · 0 ba · 2,553 sqft · $333 · 0.6 mi | $849,999 List Price | 0 | 0 | 2,553 | $333 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 with no evidence of significant renovations in the last 30 years. Interior images show highly dated bathrooms and storage areas with visible wear. The exterior features a makeshift patio structure, and the overall property likely requires a full rehab and major system updates to meet modern standards.
The 3-bedroom unit is delivered vacant at the close of escrow, making it an ideal candidate for an owner-occupant looking to utilize FHA financing or an investor seeking to capture immediate market-rate rent.
Rare for multi-family properties, each of the four individual units features its own private backyard space, significantly enhancing tenant desirability and long-term retention.
The combination of a 3-bedroom unit and three 2-bedroom units provides a robust income stream that caters to the high demand for family-sized rentals in the Los Angeles area.
Built in 1947, the property may require significant capital improvements or updates to aging systems such as plumbing, electrical, and roofing to maintain its value.
With a total of 2,472 square feet distributed across four units, the average unit size is relatively small, which may limit the ability to achieve premium rents compared to more spacious modern builds.
Unit Mix: Four individual units, each featuring its own backyard space. 3-bedroom, 1-bathroom layout, delivered vacant at the close of escrow—ideal for an owner-user or an investor looking to capture market-rate rent immediately. Additional three units - 2-bedroom, 1-bathroom
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,472 | 2,090.331 |
| Lot Size | 6,815 | 5,852.908 |
| Price | $900.0K | $830.9K |
| Price per sq ft | $364 | $394 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 3 | 87 |
Nov 6, 2026
$900,000
Initial Listing