945 W 76th St, Los Angeles, CA 90044
945 W 76th St, Los Angeles, CA 90044
945 W 76th St, Los Angeles, CA 90044
13
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$998,000
Est. payment /mo
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10 Beds
5 Baths
3,603 SqFt
New

945 W 76th St Los Angeles, CA 90044

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,603 sqft

Price per Sqft $276

MLS Listing ID 26863245

Bedrooms 10

Year Built 1921

Lot Size 5,600 Sqft

Property Sub-Type Multi-Family

Property Description

945 W 76th Street presents an opportunity to acquire a five-unit multifamily property offering strong in-place cash flow, value-add potential, and owner-user flexibility in a rapidly evolving South Los Angeles neighborhood. The property consists of two upgraded units, two brand-new ADUs, and a detached single-family residence. Includes a projected 9.92% Cap Rate and 7.51 GRM after lease-up, and upside to a 12.62% Cap Rate and 6.21 GRM at market rates. Located just 0.7 miles from Evermont, a transformative mixed-use development featuring 180 affordable housing units, over 64,000 square feet of retail space, and new neighborhood amenities, the property is well positioned to benefit from continued neighborhood investment. It is also near the planned Vermont Transit Corridor, with convenient access to USC, Downtown Los Angeles, major employment centers, and the I-110 and I-105 Freeways. A 73 Walk Score, 63 Transit Score, and 64 Bike Score further support tenant demand and connectivity.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating None

Cooling Wall/Window

Equipment None

Exterior

Parking Features None

Garage Spaces 4.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Houze Real Estate Management

NEARBY SCHOOL & BUSINESS

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Sev Grigor

Sev Grigor

Team leader | RE.S.0171941

+1(626) 390-0008

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945 W 76th St