
Los Angeles, California 90044
This Updated Multi-Unit Income Property is listed at $995,000, positioned near its $931,565 Fair Market Value. The asset features a versatile mix of two 2-bedroom units and two studios, maintaining a Good Condition Rating with three units recently modernized for immediate occupancy. A spacious 7,002 sqft lot with alley access and separate parking enhances tenant privacy, while proximity to the 9/10 rated Middle College High School drives long-term desirability. This is a turnkey acquisition ideal 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 |
|---|---|---|---|---|---|---|
★ 700 W 77th Subject | $995,000* List Price | 0 | 0 | 2,208 | $422 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
B 523 W 78th Street Sold | $1,115,000 | 0 | 0 | 1,963 | $568 | 0.1 mi |
C 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.9 mi |
D 6605 Denver Pending | $740,000 List Price | 0 | 0 | 2,332 | $317 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1921 multi-unit building where three out of the four units (the front 2-bedroom and two studios) have been recently renovated with modern finishes, open floor plans, and updated kitchens. While one unit remains unrenovated and the building is older, the majority of the living spaces are move-in ready with updated flooring and fixtures, justifying a 'good' rating for an income property.
High School: Middle College High School (9/10).
This four-unit property offers a versatile unit mix, including two 2-bedroom units and two studios, providing diversified rental income streams for investors in a high-demand area.
Three of the four units have been recently updated with modern finishes and open floor plans, significantly reducing immediate capital expenditure requirements for the new owner.
The rear two-bedroom unit remains unrenovated, requiring additional investment to bring it up to the standard of the other units and maximize the property's total rental yield.
The majority of the assigned neighborhood schools carry low performance ratings, which may limit the property's appeal to long-term family tenants and impact future appreciation.
Nice four unit building that has been updated. Front two bedroom unit has an open floor plan combining the kitchen and living area. The second two bedroom back unit has not been renovated but has a separate parking and alley access and a separate enclosed yard. Two studio units are nicely done and has easy access from a side walkway.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
Grades K • 0.7 mi
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 | 2,208 | 2,143 | 55% |
| Lot Size | 7,002 | 6,078 | 74% |
| Price | $995.0K | $850.0K | 71% |
| Price per sq ft | $451 | $421 | 58% |
| Built year | 1921 | 1923 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 154 | 10% |
Mar 10, 2026
$995,000
Initial Listing
Jan 14, 2022
$680,000
Public Record
Apr 19, 2012
$326,000
Public Record
Mar 31, 2011
$150,000
Public Record
May 29, 2007
$550,000
Public Record