
Los Angeles, California 90044
This four-unit Residential Income Asset is a Prime Investment Opportunity, listed at $875,000—positioned well below the $900,000 Fair Market Value by 2%. This valuation gap offers $25,000 in Instant Equity. Featuring a Good Condition Rating, the property includes three modernized units and a private enclosed yard. While the rear unit requires renovation, the versatile unit mix and alley access provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking stable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 W 77th Subject | $875,000* List Price | 6 | 4 | 2,688 | $335 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
B 6927 Estrella Avenue Sold | $988,000 | 0 | 0 | 2,960 | $334 | 0.5 mi |
C 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 move-in ready.
While the structure dates back to 1921, the property has undergone significant recent updates. Three of the four units (the front 2-bedroom and two studios) feature modern renovations including updated kitchens with subway tile backsplashes, stainless steel hoods, and wood-look tile flooring. However, the rear 2-bedroom unit is explicitly noted as unrenovated, and the exterior hardscaping shows some age-related cracking, placing the overall property in the 'Good' category rather than 'Excellent'.
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 an investor.
The front two-bedroom unit and both studios have been updated with modern finishes and open floor plans, reducing immediate capital expenditure requirements for the buyer.
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 rear two-bedroom unit has not been renovated, which may result in lower initial rents for that unit and require future investment to achieve market parity.
The majority of the assigned public schools carry low performance ratings (ranging from 1 to 4), which could impact long-term appreciation and appeal to family-oriented tenants.
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 | 4.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,688 | 2,187.451 |
| Lot Size | 7,002 | 5,841.385 |
| Price | $875.0K | $841.5K |
| Price per sq ft | $326 | $385 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 63 | 85 |
Aug 16, 2026
$875,000
$900,000
-3% Price Drop
Initial Listing
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