
Los Angeles, California 90044
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned slightly above the $1,090,084 Fair Market Value. While requiring significant capital expenditure due to its Condition Rating of 5 and vintage 1947 infrastructure, the property offers a strategic location near downtown Los Angeles. The 3,651 square feet of living space on a 7,002 square foot lot provides a scalable foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Experienced Contractors focused on long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 717 W 77th Subject 0 bd · 0 ba · 3,651 sqft · $301 | $1,100,000* List Price | 0 | 0 | 3,651 | $301 | - |
A 829 W 69th Sold 0 bd · 0 ba · 2,593 sqft · $376 · 0.5 mi | $975,000 | 0 | 0 | 2,593 | $376 | 0.5 mi |
B 627 W 75th Active 0 bd · 0 ba · 3,000 sqft · $267 · 0.1 mi | $799,900 List Price | 0 | 0 | 3,000 | $267 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1947 (79 years old) with no mention of recent renovations. A large tarp is visible on the roof, indicating significant structural defects or active leaks. The exterior shows signs of heavy neglect and deferred maintenance, placing it in the rehab category.
High School: Middle College High School (9/10).
As a quadruplex, this property offers a high-demand investment structure in Los Angeles, providing four separate streams of rental income or a prime house-hacking opportunity.
The property is ideally situated near Downtown Los Angeles with convenient access to major freeways and public transportation, ensuring low vacancy rates by attracting urban commuters.
The majority of the local assigned schools have low ratings (ranging from 1 to 4), which may deter families and limit the long-term appreciation potential compared to higher-rated districts.
Built in 1947, the property likely falls under Los Angeles Rent Stabilization Ordinance (RSO) and may require significant capital expenditure for modernizing aged electrical, plumbing, or HVAC systems.
Discover the potential of this four unit multifamily property Situated on approximately 7,002- square foot lot, the property offers approximately 3651 square feet of building space, garage parking, and an opportunity for investors seeking rental income and long- term investment potential. with four residential units, this property offers flexibility for investors looking to expand their rental portfolio. Conveniently located near major freeways, public transportation, shopping, dinning and everyday amenities, the property provides access to many of Los Angeles' surrounding communities. whether you are an experienced investor or looking to expand your real estate portfolio, this multifamily property presents an opportunity worth exploring. DON'T MISS THE POTENCIAL THIS LOS ANGELES INVESTMENT PROPERTY HAS TO OFFER!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,651 | 2,090.331 |
| Lot Size | 7,002 | 5,852.908 |
| Price | $1.10M | $830.9K |
| Price per sq ft | $301 | $394 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 86 | 87 |
Aug 15, 2026
$1,100,000
Initial Listing
Mar 30, 2010
$245,000
Public Record
Jan 16, 2007
$690,000
Public Record
Apr 25, 2006
$535,000
Public Record