700 W 77th, Los Angeles, California 90044, Los Angeles, 90044 - 6 bed, 4 bath
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This four-unit Residential Income Asset represents a High-Potential Investment Opportunity, listed at $900,000—positioned slightly above the $883,242 Fair Market Value. While the property requires capital for the unrenovated two-bedroom unit, the Modernized Living Spaces in the front unit and studios provide immediate rental utility. With a Fair Condition Rating, this property offers a clear path to forced appreciation through strategic upgrades. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize cash flow in the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 W 77th Subject | $900,000* List Price | 6 | 4 | 2,688 | $329 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
B 6414 S Hoover Street Active | $749,999 List Price | 7 | 4 | 2,330 | $322 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the front unit and studios have been updated with modern open layouts, the property is a 1921 build with one entire two-bedroom unit explicitly described as unrenovated. This inconsistency in condition across the units and the presence of dated sections requiring updates align with the Fair criteria.
High School: Middle College High School (9/10).
This four-unit property offers diverse rental streams with a mix of two-bedroom units and studios, providing excellent cash flow opportunities for residential income investors.
The front two-bedroom unit and both studios have been tastefully updated with contemporary finishes and open floor plans, reducing the need for immediate capital expenditures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2688, other record living area = 2208. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The second two-bedroom unit has not been renovated, which will require additional investment to bring the entire building to a uniform standard and maximize market rents.
The majority of the assigned public schools in the immediate area have low performance ratings, which may limit the property's appeal to families and impact long-term 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 |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,688 | 2,250 |
| Lot Size | 7,002 | 5,864 |
| Price | $900.0K | $826.7K |
| Price per sq ft | $335 | $395 |
| Built year | 1921 | 1925 |
| HOA | $0 | $0 |
| Days on market | 14 | 83 |
Jul 8, 2026
$900,000
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