3420 W 78th, Hyde Park, California 90043, Hyde Park, 90043 - bed, bath
3420 W 78th
Hyde Park, California 90043
Property Price
SUMMARY
Analysis of 3420 W 78th, Hyde Park, California 90043 is currently available with a list price of $650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Hyde Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1941, this property is explicitly marketed as a 'diamond in the rough' that 'needs work,' requiring a buyer to 'roll up their sleeves.' The requirement for cash or hard money financing strongly indicates that the property's condition does not meet the standards for traditional lending due to significant deferred maintenance. While one unit is mentioned as updated, the overall exterior shows aged stucco and dated systems, suggesting the need for substantial rehabilitation across the major components of the quadruplex.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Owner-User Opportunity
The property features a vacant, updated 1-bedroom unit ready for immediate occupancy, allowing an owner-user to live on-site while rental income offsets the mortgage.
- Individualized Utilities
Each unit is equipped with its own electric and gas meters, as well as individual water heaters, significantly reducing landlord utility expenses and management complexity.
CONSRISKS & DEFICIENCIES
- Financing Limitations
The property is restricted to cash or hard money offers only, excluding buyers who rely on traditional FHA or conventional financing due to its current condition.
- Significant Deferred Maintenance
Marketed as a 'diamond in the rough' that 'needs work,' the property requires immediate capital investment and a buyer prepared for a major renovation project.
- Low-Rated Local Schools
The majority of the assigned public schools have low performance ratings (mostly 1s and 2s), which may impact long-term tenant demand from families.
About 3420 W 78th
Opportunity knocks at this Hyde Park 4-plex! Located on a neat, quiet and conveniently located street brimming with pride of ownership, this property is a “diamond in the rough”. The property offers 2 spacious 1-bedroom units and 2–singles. There are 3 stable long-term tenants and a vacant updated 1 bedroom end unit ready for owner occupancy! All units have their own 1-car garage. The lot is spacious and well-kept with a big backyard and lush landscaping, as well a covered patio area. Each unit has its own electric and gas meter, as well as its own water heater. Great opportunity to owner-occupy and let the tenants help pay your mortgage. PROPERTY NEEDS WORK - CASH OR HARD MONEY ONLY. BE PREPARED TO ROLL UP YOUR SLEEVES AND DO SOME WORK. PROPERTY IS PRICED ACCORDINGLY.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1941
- Lot Size
- 6,821 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hyde Park Unified Schools
Lane (Warren) Elementary School
Grades K-6 • 0.5 mi
Yes Academy
Grades K-5 • 0.8 mi
Seventy-Fourth Street Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,964 | 1,748 | 60% |
| Lot Size | 6,821 | 6,821 | 50% |
| Price | $650.0K | $775.0K | 20% |
| Price per sq ft | $331 | $345 | 40% |
| Built year | 1941 | 1924 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 200 | 20% |
Pricing History
Listed for Sale
Feb 12, 2026
$650,000
$699,000
-7% Price Drop
Initial Listing
Price Change
Nov 9, 2025
$699,000
$800,000
-13% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$800,000
Initial Listing