
Los Angeles, California 90001
This Turnkey 2016-Built Duplex represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,144,977 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. Featuring an Excellent Condition Rating, this asset offers a rare 4-bedroom, 3-bathroom unit mix with modern granite kitchens and a detached three-car garage. With high rental demand and zero deferred maintenance, this property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate, high-quality cash flow in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 E 78th Subject | $1,150,000* List Price | 0 | 0 | 3,520 | $325 | - |
A 804 76th Pl Sold | $1,195,000 | 0 | 0 | 3,715 | $322 | 0.2 mi |
B 804 76th Pl Sold | $1,195,000 | 10 | 6 | 3,793 | $315 | 0.2 mi |
C 819 E 73rd Sold | $1,093,000 | 0 | 0 | 2,854 | $383 | 0.4 mi |
D 710 & 708 E 80th Street Active | $1,195,000 List Price | 0 | 0 | 3,506 | $341 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is within the 10-year age bracket for excellent condition. It is described as turnkey with no deferred maintenance, featuring modern kitchens with granite countertops, stainless steel appliances, and contemporary finishes throughout.
Built in 2016, this property avoids the common maintenance issues of older Los Angeles inventory, offering contemporary systems, granite countertops, and stainless steel appliances.
The dual 4-bedroom, 3-bathroom townhome-style configuration is rare and highly desirable, providing significant rental upside and appeal for large families or high-occupancy tenants.
With a detached three-car garage plus additional driveway and off-street parking, the property offers a premium amenity that is often scarce in high-density rental markets.
The property is zoned for several schools with low performance ratings, including a middle school rated 1/10, which may deter some long-term family tenants.
As the property is currently fully leased, it presents a challenge for owner-occupiers looking to move in immediately or investors wanting to set new market rents without tenant turnover.
Turnkey 2016-Built Duplex, Spacious Townhome-Style Units with Strong Rental Upside! Discover an outstanding investment opportunity with this newer construction duplex in the heart of South Los Angeles. Built in 2016, this turnkey property features two spacious 4-bedroom, 3-bathroom townhome-style residences totaling 3,520 square feet, offering an ideal combination of modern construction, stable income, and long-term appreciation potential. Designed with today's tenants in mind, each residence offers an expansive two-story floor plan with oversized bedrooms, open-concept living spaces, modern kitchens featuring granite countertops and stainless steel appliances, updated bathrooms, stylish flooring, and contemporary finishes throughout. With no deferred maintenance, this is a true turnkey investment ready to generate income from day one. The property is fully leased with reliable in-place rental income while still offering meaningful upside. Comparable renovated properties in the area command substantially higher rents, creating an excellent opportunity to increase future cash flow as leases turn over. Investors can benefit from rental upside while owning a newer-vintage asset in a market where quality multifamily inventory is in high demand. Additional features include a detached three-car garage, driveway parking, and ample off-street parking, providing added convenience and value for residents. The property's spacious layouts and parking amenities make it especially attractive to families seeking larger rental homes. Conveniently located near Downtown Los Angeles, USC, SoFi Stadium, LAX, and the I-110 and I-105 freeways, this central location provides tenants with easy access to major employment centers, transportation corridors, and entertainment destinations, supporting strong long-term rental demand. Whether you're looking to expand your portfolio with a low-maintenance asset or secure a high-quality duplex with immediate cash flow and future rental growth, 645 E. 78th Street presents a rare opportunity to acquire a modern multifamily property in one of Los Angeles' strongest rental markets.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,520 | 2,187.451 |
| Lot Size | 5,099 | 5,841.385 |
| Price | $1.15M | $841.5K |
| Price per sq ft | $327 | $385 |
| Built year | 2016 | 1928 |
| HOA | $0 | $0 |
| Days on market | 40 | 85 |
Jul 31, 2026
$1,150,000
Initial Listing
Mar 7, 2017
$699,000
Public Record
Jul 8, 2016
$300,000
Public Record