$ 1,080,000
725 W 77th ST Los Angeles, CA 90044
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,080,000
Est. payment /mo
Contingent
725 W 77th ST Los Angeles, CA 90044
7,000 Sqft Lot
UPDATED:
10/18/2024 06:26 PM
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSR24081976
Style Bungalow
Originating Board California Regional MLS
Year Built 1928
Lot Size 7,000 Sqft
Property Description
Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market rent levels, this asset can achieve a CAP Rate exceeding 10%. The building spans 3,398 square feet and sits on a 7,000-square-foot lot. Located in the highly sought-after Vermont Knolls area, this property is an exceptional investment opportunity, ideally situated near Downtown Los Angeles, USC/Exposition Park, and the rapidly developing city of Inglewood. Home to major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles. Its strategic location, combined with
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry None
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Architectural Style Bungalow
Others
Tax ID 6020019021
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Christopher Martinez Diaz • Vinco Vinco Realty & Investments Inc