7705 S Vermont Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Multifamily Development Asset is listed at $875,000, representing a stable market-aligned price relative to its $838,914 Fair Market Value. While the property maintains a Condition Rating of 4, its true value lies in the 13-unit development potential on the Vermont Corridor. The existing triplex configuration provides immediate rental income from three detached residences, including a 4-bedroom main home. Proximity to the 9/10 rated Middle College High School enhances its long-term viability. This is a strategic acquisition for Buy-and-Hold Investors or Developers targeting forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7705 S Vermont Avenue Subject | $875,000* List Price | 0 | 0 | 2,540 | $330 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
B 944 W 74th Active | $1,120,000 List Price | 0 | 0 | 2,825 | $396 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, this triplex is functional and habitable but shows significant signs of age and dated aesthetics. The kitchens and bathrooms feature older cabinetry, basic tile work, and aging appliances that lack modern efficiency. While the property has been maintained for rental use, the lack of recent comprehensive renovations and the marketing emphasis on 'Development Opportunity' indicate that the systems and finishes are nearing the end of their decorative and functional lifespans.
High School: Middle College High School (9/10).
The property presents a significant investment upside with the potential to develop 13 multifamily units on the Vermont Corridor, leveraging affordable housing incentives.
With three separate detached units—a 4-bedroom main house, a 1-bedroom unit, and a studio—the property offers immediate flexibility for multi-generational living or multiple rental streams.
Built in 1921, the century-old structures likely require significant capital improvements to modernize electrical, plumbing, and structural systems to meet current standards.
The majority of assigned public schools in the immediate area have low performance ratings, which may deter long-term family owner-occupants and limit the buyer pool.
1000 W. 77th St, 7707 & 7705 S. Vermont Ave, Los Angeles, CA 90044 Development Opportunity Build 13 units of Multifamily on the Vermont Corridor with 20% Affordable Housing. Or keep the existing: Versatile Triplex | 3 Homes on 1 Lot | Corner Property with Great Potential Welcome to this unique triplex property featuring three separate homes on one lot, ideal for extended families, owner-occupants looking for rental income, or savvy investors seeking a great opportunity in South Los Angeles! Main Home – 1000 W. 77th St A spacious 4-bedroom, 2-bathroom single-family residence with a generous layout perfect for comfortable living. Enjoy the large front yard, ideal for outdoor activities, and the privacy of a corner location. Second Unit – 7707 S. Vermont Ave A charming 1-bedroom, 1-bath detached home, offering great potential as a rental unit or guest house, with its own private entrance and separation from the main house. Third Unit – 7705 S. Vermont Ave A cozy studio unit in a separate structure, perfect for a rental, home office, or additional living space. This property is well-suited for multi-generational living or maximizing rental income. Conveniently located near public transit, local shops, schools, and just minutes from Downtown LA, this triplex offers flexibility, functionality, and future upside in an emerging neighborhood. Property Highlights: 3 separate homes on 1 lot Spacious 4-bed/2-bath main home with large front yard Detached 1-bed/1-bath unit Separate studio unit Corner lot with excellent street visibility Great for family compound or investment property Close to schools, shopping, and transportation Don’t miss this incredible opportunity to own a versatile, income-generating property in the heart of South LA!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 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 | 2,540 | 2,143 | 68% |
| Lot Size | 4,980 | 5,897 | 16% |
| Price | $875.0K | $850.0K | 55% |
| Price per sq ft | $344 | $411 | 23% |
| Built year | 1921 | 1923 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 382 | 191 | 90% |
Mar 21, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Oct 31, 2025
$899,000
$918,000
-2% Price Drop
Initial Listing
Sep 25, 2025
$918,000
Initial Listing
Apr 5, 2025
$950,000
Initial Listing
Mar 29, 2018
$500,000
Public Record
Jun 4, 2012
$295,000
Public Record
Feb 22, 2005
$360,000
Public Record