
Los Angeles, California 90003
This Value-Add Residential Income Quadruplex is listed at $849,000, representing a stable entry point at its $839,460 Fair Market Value. The asset features a rare three-bedroom unit ideal for an owner-user, complemented by three two-bedroom units that ensure immediate cash flow. While the Condition Rating of 5 indicates a need for capital improvements to its 1933 infrastructure, the property offers separate utility meters and a 6,354 sqft lot. It is a prime candidate for Buy-and-Hold Investors or Owner-Occupants looking to secure a high-occupancy multi-family asset in South Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 343 W 77th Street Subject | $849,000* List Price | 0 | 0 | 2,556 | $328 | - |
A 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.6 mi |
B 217 E 77th Street Sold | $630,000 | 0 | 0 | 2,283 | $276 | 0.5 mi |
C 245 W 73rd Active | $965,000 List Price | 6 | 4 | 2,746 | $351 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1933, this property shows significant signs of aging and deferred maintenance. The exterior image reveals cracked and uneven concrete, weathered stucco, and dated fixtures. The listing description highlights 'aging infrastructure' as a weakness and lacks interior photos, suggesting that the kitchens, bathrooms, and major systems (electrical, plumbing, and HVAC) likely require substantial repairs or full modernization to meet current safety and quality standards.
The inclusion of a three-bedroom unit makes this property an ideal candidate for an owner-user looking to live in one unit while generating rental income from the remaining three.
Separate gas and electric meters for each unit significantly reduce landlord overhead and simplify the management of tenant utility responsibilities.
The property is fully rented and ready for investors, offering immediate revenue generation without the need for initial tenant placement.
Built in 1933, the property may require significant capital expenditures for repairs or modernization of older systems to meet current standards.
The 'do not disturb tenants' requirement limits initial physical due diligence, which may complicate the assessment of interior conditions before entering a contract.
Four units located at 343 W 77th St Los Angeles, CA. Please don't disturb the tenants... two units are one bedroom/one bathroom per unit, one unit is a single and one unit is three bedrooms/one bathroom, please call the Agent for more information, separate gas and electric meter for each unit.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,556 | 1,907 | 67% |
| Lot Size | 6,354 | 5,200 | 91% |
| Price | $849.0K | $770.0K | 62% |
| Price per sq ft | $332 | $360 | 47% |
| Built year | 1933 | 1930 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 191 | 2% |
Mar 30, 2026
$849,000
Initial Listing
May 10, 2012
$250,000
Public Record
Jun 30, 2004
$390,000
Public Record
Aug 2, 2002
$210,000
Public Record
Nov 16, 2001
$235,000
Public Record