
Los Angeles, California 90044
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $669,000—positioned well below the $735,226 Fair Market Value by 9%. This valuation gap offers $66,226 in Instant Equity for the next owner. With a Condition Rating of 4, the property features a versatile layout including two 2-bedroom houses and a studio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while building long-term wealth in a strategic Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 924 W 76th Subject | $669,000* List Price | 0 | 0 | 1,742 | $422 | - |
A 1053 W Gage Sold | $510,000 | 2 | 2 | 1,210 | $421 | 0.9 mi |
B 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.8 mi |
C 915 W Gage Sold | $717,500 | 0 | 0 | 1,448 | $496 | 0.8 mi |
D 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.2 mi |
E 1300 W 71st Active Under Contract | $699,800 List Price | 0 | 0 | 1,850 | $378 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, the property features some cosmetic updates including laminate flooring and fresh paint, but remains fundamentally dated. The presence of original built-ins, older wall heaters, and aged exterior concrete suggests systems and major components are likely over 20 years old and will require future updates.
High School: Middle College High School (9/10).
This triplex configuration, featuring two 2-bedroom houses and a functional studio, offers exceptional flexibility for owner-users to live in one unit while generating significant rental income from the others.
The property includes a divided two-car garage and a long driveway, providing rare and highly sought-after off-street parking for multiple tenants in a high-density Los Angeles neighborhood.
Originally built in 1921, the property may require substantial updates to its core systems and ongoing maintenance to meet modern standards and ensure long-term efficiency.
The majority of the assigned local public schools have low performance ratings, which could limit the property's appeal to families with school-aged children and impact long-term appreciation.
Amazing opportunity to own a highly desirable and versatile **3-unit property at 924 W 76th Street**! Whether you’re looking to live in one and rent the others, house extended family, or rent out all three units for strong income potential, this property offers the flexibility investors and owner-users are looking for. The **front house** features **2 bedrooms**, its own private front yard, and a private laundry area, making it an excellent option to move into or lease for top dollar. The **middle unit** is an oversized studio that lives more like a 1-bedroom, offering great functionality and additional rental upside. At the rear, you’ll find another **2-bedroom house** that is currently rented for a strong amount, giving the next owner immediate income potential. Additional highlights include a **2-car garage divided into two separate 1-car garages**, a long driveway for added parking, and a convenient location near major freeways and just minutes from Downtown Los Angeles. Properties with this type of layout, flexibility, and upside are hard to find — don’t miss this incredible opportunity!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,742 | 2,250 |
| Lot Size | 5,402 | 5,864 |
| Price | $669.0K | $826.7K |
| Price per sq ft | $384 | $395 |
| Built year | 1921 | 1925 |
| HOA | $0 | $0 |
| Days on market | 23 | 83 |
Jun 29, 2026
$669,000
Initial Listing