3420 W 78th, Hyde Park, California 90043, Hyde Park, 90043 - bed, bath
PENDING$699,000
3420 W 78th, Hyde Park, California 90043
0Bed
0Bath
1,964Sqft
6,821Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Potential for Renovation Needs: Described as a 'diamond in the rough,' the property likely requires significant renovations or updates beyond the one updated unit to maximize its value and appeal.
Compared to the nearby listings
Price:$699.0K vs avg $745.0K ($-46,000)33%
Size:1,964 sqft vs avg 1,808 sqft67%
Price/sqft:$356 vs avg $39244%
More Insights
Built in 1941 (84 years old).
Condition: Built in 1941, this property is explicitly described as a 'diamond in the rough' with 'Potential for Renovation Needs,' indicating substantial repairs and rehabilitation are required. While one 1-bedroom unit is noted as 'updated,' the overall age of the quadruplex (83 years old) and the lack of interior photos for other units strongly suggest that kitchens, bathrooms, and major systems are significantly outdated and likely in poor condition. The exterior images also show an aged and weathered building, consistent with a property that has not undergone recent major renovations across all units.
Year Built
1941
Close
-
List price
$699K
Original List price
$800K
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
PV25242385
Home ConditionPoor
Features
Patio
View-
About this home
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.
Nearby schools
1/10
Lane (Warren) Elementary School
Public,•K-6•0.5mi
2/10
Yes Academy
Public,•K-5•0.8mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.9mi
4/10
Centinela Elementary School
Public,•K-6•1.0mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.4mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.7mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.9mi
3/10
Windsor Hills Math Science
Public,•K-5•2.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.3mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.1mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.6mi
2/10
Audubon Middle School
Public,•6-8•2.8mi
2/10
Inglewood High School
Public,•9-12•1.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.0mi
2/10
George Washington Preparatory High School
Public,•9-12•2.7mi
9/10
Middle College High School
Public,•9-12•5.6mi
Condition Rating
Poor
Built in 1941, this property is explicitly described as a 'diamond in the rough' with 'Potential for Renovation Needs,' indicating substantial repairs and rehabilitation are required. While one 1-bedroom unit is noted as 'updated,' the overall age of the quadruplex (83 years old) and the lack of interior photos for other units strongly suggest that kitchens, bathrooms, and major systems are significantly outdated and likely in poor condition. The exterior images also show an aged and weathered building, consistent with a property that has not undergone recent major renovations across all units.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Income-Generating Quadruplex: The property is a 4-plex offering multiple rental units (2x 1-bedroom, 2x singles), providing diverse income streams for investors.
Owner-Occupancy Potential: A vacant, updated 1-bedroom end unit allows a new owner to live on-site while tenants contribute to mortgage payments.
Individual Unit Utilities & Garages: Each unit benefits from its own electric meter, gas meter, water heater, and a dedicated 1-car garage, simplifying tenant management and utility costs.
Spacious & Landscaped Lot: A large, well-kept lot with lush landscaping and a covered patio enhances curb appeal and offers valuable outdoor space for tenants.
Established Tenant Base: The presence of three stable, long-term tenants ensures immediate and reliable rental income for the new owner.
Cons
Potential for Renovation Needs: Described as a 'diamond in the rough,' the property likely requires significant renovations or updates beyond the one updated unit to maximize its value and appeal.
Property Age: Built in 1941, the property is over 80 years old, which may lead to higher maintenance costs, outdated infrastructure, and potential need for system upgrades.
Subpar Local School Ratings: Most nearby public schools have low ratings (1-3), which could be a deterrent for prospective tenants or owner-occupants with school-aged children.