727 W 76th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$875,000
727 W 76th Street, Los Angeles, California 90044
0Bed
0Bath
2,598Sqft
7,002Lot
Year Built
1922
Close
-
List price
$875K
Original List price
$1.05M
Price/Sqft
$337
HOA
-
Days on market
-
Sold On
-
MLS number
RS25149759
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros.
This multi-unit residential building, located in Los Angeles, features six units, five units are one bedroom and one bathroom. One is two bedroom and one bathroom. The total square footage of the units is 2,598 square feet. Each unit has there own parking space . Priced to sell.
Nearby schools
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.5mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•0.8mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.8mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.8mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.3mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.5mi
3/10
Loren Miller Elementary School
Public,•K-6•1.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•0.9mi
2/10
John Muir Middle School
Public,•6-8•1.1mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.3mi
1/10
Horace Mann Junior High School
Public,•6-8•1.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.0mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.0mi
2/10
George Washington Preparatory High School
Public,•9-12•2.5mi
9/10
Middle College High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
08/28/25
Price Change
$875,000
07/09/25
Listing
$1,050,000
05/22/07
Sold
$103,136
12/29/04
Sold
$22,000
Condition Rating
Poor
Built in 1922, this multi-unit property is over 100 years old with no indication of major recent renovations. The exterior images reveal a very dated and worn appearance, suggesting significant deferred maintenance. While the property is still functional as residential units, the age and visible condition strongly imply that all major systems, including kitchens and bathrooms, would be severely outdated and require substantial repairs and rehabilitation to meet modern standards. The phrase 'Priced to sell' further supports the need for significant investment.
Pros & Cons
Pros
Multi-Unit Investment Opportunity: The property features six residential units (five 1-bedroom, one 2-bedroom), providing diversified income streams and making it an attractive asset for investors seeking rental income.
Significant Price Reduction: A substantial price drop from an original list price of $1,050,000 to $875,000 indicates a motivated seller and potential for immediate equity or a favorable acquisition cost for buyers.
Individual Parking for Each Unit: Each unit having its own dedicated parking space is a highly desirable and rare amenity in Los Angeles, enhancing tenant convenience and property value.
Prime Los Angeles Location: Situated in Los Angeles, the property benefits from a robust rental market with consistent demand, ensuring strong occupancy potential and long-term appreciation.
Motivated Seller Indication: The description explicitly states 'Priced to sell,' suggesting a seller eager to close, which could lead to quicker negotiations and a smoother transaction process.
Cons
Advanced Age of Building: Constructed in 1922, the property is over a century old, likely requiring significant capital expenditures for system upgrades (plumbing, electrical), deferred maintenance, and potential structural issues.
Small Average Unit Sizes: With a total of 2,598 square feet across six units, the average unit size is approximately 433 sqft, which is quite small and may limit tenant appeal or rental rates compared to larger units.
Ambiguous 'Mixed Use' Classification: The property is described as a 'multi-unit residential building' but listed with a 'Mixed Use' sub-type, creating potential confusion regarding zoning, permitted uses, and future development options that require further investigation.