2023 E 76th, Los Angeles, California 90001, Los Angeles, 90001 - 0 bed, 0 bath
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2023 E 76th
Los Angeles, California 90001
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,224Sq Ft
6,407Lot Size
Property Price
LIST PRICE$895,500
EST. MARKET VALUE
$800,603
11% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $895,500—positioned well above the $800,603 Fair Market Value by -11%. While the property requires a full rehab due to its Condition Rating of 5, the recent roof replacement mitigates immediate capital expenditure. The versatile unit mix and rear alley access provide strong rental demand potential. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through a value-add renovation strategy.
Estimated Market Value
$800,603
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2023 E 76th Subject | $895,500* List Price | 0 | 0 | 2,224 | $360 | - |
A 8006 Hooper Sold | $730,000 | 5 | 2 | 1,945 | $375 | 1.0 mi |
B 1915 E 78th Sold | $815,000 | 0 | 0 | 2,879 | $283 | 0.2 mi |
C 1732 E 61st Sold | $940,000 | 0 | 0 | 2,852 | $330 | 1.0 mi |
D 1715 E 70th Active | $900,000 List Price | 0 | 0 | 2,103 | $428 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
While the roof was replaced within the last 5 years, the property was built in 1920 and lacks evidence of recent interior renovations. The absence of kitchen and bathroom photos, combined with the aged exterior and 100+ year age, suggests that the units and core systems (electrical/plumbing) likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Versatility
As a quadruplex with a diverse unit mix (3BR, 2BR, and two 1BR units), the property offers excellent flexibility for either a pure investment play or an owner-user looking to offset their mortgage with rental income.
- Recent Capital Improvement
The roof was replaced less than five years ago, providing peace of mind for the buyer and reducing the immediate need for major capital expenditures on a century-old structure.
- Excellent Accessibility
The combination of a long driveway and rear alley access is a significant advantage for a multi-unit property, ensuring better parking options and ease of movement for multiple tenants.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1920, the property likely features aging systems that may require ongoing maintenance or costly upgrades to plumbing, electrical, and foundation to meet modern standards.
- Compact Living Quarters
With four units squeezed into 2,224 total square feet, the average unit size is quite small, which may lead to higher tenant turnover or limit the ability to command premium market rents.
About 2023 E 76th
Prime location, Great income property with the option to live in one Unit and collect rent from the other three units or as an investment property collecting rent from all 4 units; both options make numerical sense. Front house is a 3 Bedroom One Bath, then there is duplex in the middle with One Bedroom One Bathroom each and there is another House in the back with 2 Bedroom and 1 bathroom, Long driveway and Alley access from the back, Roof was installed less than 5 Years ago.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1920
- Lot Size
- 6,407 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,224 | 2,187.451 |
| Lot Size | 6,407 | 5,841.385 |
| Price | $895.5K | $841.5K |
| Price per sq ft | $403 | $385 |
| Built year | 1920 | 1928 |
| HOA | $0 | $0 |
| Days on market | 46 | 85 |
Pricing History
Listed for Sale
Jul 25, 2026
$895,500
Initial Listing
Sold
Nov 24, 2021
$865,000
Public Record
Sold
Jul 2, 2020
$770,000
Public Record