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804 76th Pl, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath

804 76th Pl, Los Angeles, California 90001 home-pic-0
ACTIVE$1,225,000
804 76th Pl, Los Angeles, California 90001
0Bed
0Bath
3,715Sqft
5,099Lot
Year Built
2022
Close
-
List price
$1.23M
Original List price
$1.23M
Price/Sqft
$330
HOA
-
Days on market
-
Sold On
-
MLS number
NP25238302
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.23M(93th), sqft - 3715(93th), beds - undefined(50th), baths - undefined(50th).

This duplex was a gr completed by Ocean Development in 2022. Along with many others in the neighborhood being rebuilt and capturing top of the market rents with new attractions and development nearby. This property is ideal for investors seeking ease of management with attractive rental income. Currently leased at $7,500 monthly, mostly passive as the property has separate electric, gas, and water meters for tenants to pay their own utilities. Thoughtfully designed with one unit in front, and the second unit in back, the tenants live next to each other - not on top of each other. Each unit boasts large 5 Bedrooms and 3 Baths - approximately 1,857sqft each. Design features include central heating systems, dual pane windows, solid wood cabinets, granite counters in kitchen, solar electric systems and interior laundry room in each unit. Property includes a 3 car garage. An estimated 5.37 cap rate with below market rent tenants and no deferred maintenance.

Nearby schools

3/10
Mckinley Avenue Elementary School
Public,•K-6•0.3mi
5/10
Wisdom Elementary School
Public,•K-6•0.3mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•0.7mi
4/10
Sixty-Sixth Street Elementary School
Public,•K-6•0.7mi
3/10
South Park Elementary School
Public,•K-6•0.8mi
5/10
Russell Elementary School
Public,•K-6•0.9mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.4mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.4mi
3/10
Sixty-First Street Elementary School
Public,•K-6•1.6mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•0.8mi
3/10
Thomas A. Edison Middle School
Public,•6-8•0.8mi
1/10
Charles Drew Middle School
Public,•6-8•1.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.4mi
3/10
John C. Fremont Senior High School
Public,•9-12•0.5mi

Price History

Date
Event
Price
10/17/25
Listing
$1,225,000
01/13/15
Sold
$568,000
05/21/14
Sold
$192,000
Condition Rating
Excellent
This duplex was newly built in 2022, making it a virtually new property. The description highlights modern features such as central heating, dual-pane windows, solid wood cabinets, granite counters in the kitchen, solar electric systems, and interior laundry. The images confirm a contemporary aesthetic with new stainless steel appliances, white shaker-style cabinetry, modern light fixtures, and clean LVP/tile flooring throughout the kitchen and bathrooms. There is no deferred maintenance, and all components meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Amenities: Built in 2022, this duplex features brand new construction with modern amenities including central heating, dual pane windows, solid wood cabinets, granite counters, solar electric systems, and interior laundry rooms in each unit, minimizing immediate capital expenditures.
Strong Investment Potential: The property offers an attractive estimated 5.37% cap rate with current monthly rental income of $7,500, and the description notes 'below market rent tenants,' indicating significant upside potential for increased cash flow.
Passive Management & Thoughtful Design: Designed for ease of management with separate electric, gas, and water meters for tenants to pay their own utilities. The units are thoughtfully arranged side-by-side, enhancing tenant privacy.
Spacious & Well-Equipped Units: Each unit boasts a generous layout of 5 bedrooms and 3 bathrooms, approximately 1,857 sqft, providing ample living space and strong appeal to larger families or multiple tenants.
No Deferred Maintenance & Neighborhood Development: As a newly built property, there is no deferred maintenance, offering a turn-key investment. It's also situated in a neighborhood undergoing redevelopment with new attractions, suggesting future appreciation and rental demand.

Cons

Mixed School Ratings: Several nearby schools, including Charles Drew Middle School (rated 1) and others with 2-3 ratings, could be a deterrent for families prioritizing highly-rated educational institutions.
Listing Date Discrepancy: The 'on_market_date' is listed as 2025-10-17, which is a future date for an 'Active' listing, creating an unusual and potentially confusing situation regarding the property's immediate availability.
Current Below-Market Rents: While offering future upside, the current rental income is explicitly stated as 'below market,' meaning the advertised cap rate is not yet fully optimized and may require active management to achieve higher returns.

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