431 W 78th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Turnkey Triplex Asset represents a Strong Value Opportunity, with a List Price of $849,000—positioned well below the $903,648 Fair Market Value by 6%. This valuation provides $54,648 in Instant Equity. Boasting a Condition Rating of 2, the property features a 2021-built ADU and a remodeled front unit, projecting a $8,200 Gross Monthly Income. With all units being Fully Detached on a Gated Corner Lot near USC, it offers rare privacy and high rental demand. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 W 78th Subject | $849,000* List Price | 0 | 0 | 2,415 | $374 | - |
A 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.2 mi |
B 217 E 77th Street Sold | $905,000 | 0 | 0 | 2,120 | $427 | 0.6 mi |
C 146 W Gage Avenue Sold | $885,000 | 0 | 0 | 2,460 | $360 | 1.0 mi |
D 7607 S San Pedro Active | $840,000 List Price | 4 | 3 | 2,522 | $333 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new ADU constructed in 2021 and a fully remodeled front unit with modern quartz countertops, stainless steel appliances, and updated bathrooms. Since the renovations and new construction are within the last 5 years, the property is in mint condition with no immediate maintenance required.
The property offers significant cash flow flexibility with a projected gross monthly income of $8,200 and a vacant, remodeled front unit ready for immediate owner-occupancy or market-rate leasing.
All three units are fully detached with their own private entrances, a rare configuration for a triplex that enhances tenant desirability and provides a single-family residential feel.
The inclusion of a fully permitted 2021 ADU and a comprehensively remodeled front unit with modern finishes reduces the immediate need for major capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2415, other record living area = 1864.
As a multi-unit property in Los Angeles built in 1923, it is subject to Rent Stabilization Ordinance (RSO) and strict local tenant protections, which can complicate management and rent adjustments.
Despite cosmetic remodels, the 1923 original construction date suggests potential underlying maintenance requirements for aging plumbing, electrical, and foundation systems typical of century-old buildings.
Three units on a gated large corner lot. One vacant and move-in ready. Two occupied and generating $4,307.79 per month. This is the kind of property that works for almost any buyer. The front unit is a fully remodeled 3 bed / 2 bath spanning 1,248 sq ft with hardwood floors, quartz countertops, stainless steel appliances, upgraded windows, and remodeled bathrooms throughout. It is currently vacant and will be delivered vacant at close of escrow, giving a new owner the option to occupy the front home while the two rear units offset the mortgage, or lease it at market rate projected at $3,200 per month. All three units are fully detached, each with their own private entrance, offering tenants a level of privacy that is uncommon at this price point. The two rear units are both occupied on month to month tenancies. The middle unit is a 2 bed / 1 bath generating $2157.79 per month and the ADU, a fully permitted 2 bed / 1 bath constructed in 2021, is generating $2,150 per month. Combined in place income on the two rear units is $4,307.79 per month. Tenants pay all utilities with the exception of water. At full occupancy the property projects $8,200 per month across 2,415 sq ft of total building area. The property is LAR3 zoned, well maintained, and positioned minutes from Downtown LA, USC, and major freeways. Whether you are an owner occupant, a seasoned investor, or a 1031 exchange buyer, the in place income, the vacant front unit, and the underlying zoning make this one of the more compelling three unit opportunities available in South Los Angeles today. First Showings to be May 2nd 2026.
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 | 2,415 | 2,120 | 58% |
| Lot Size | 6,141 | 5,202 | 88% |
| Price | $849.0K | $760.0K | 60% |
| Price per sq ft | $352 | $356 | 49% |
| Built year | 1923 | 1924 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 190 | 2% |
Apr 21, 2026
$849,000
Initial Listing
Sep 27, 2018
$595,000
Public Record
Mar 8, 2018
$380,000
Public Record
Jul 23, 2015
$271,000
Public Record