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532 W 77Th St, Los Angeles, CA 90044
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532 W 77Th St Los Angeles, CA 90044

$935,000 Sold Price as of 11/10/2022
  • 9 Beds
  • 6 Baths
  • 2,736 Sq.Ft.
Sold
$935,000 Sold Price as of 11/10/2022 Refinance Your Mortgage
Map preview of 532 W 77Th St, Los Angeles, CA 90044

Property Overview: 532 W 77Th St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 2,736 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are Pleased to present this 4-unit pride of ownership multifamily property. rear bldg is a 4 bedroom and could possibly good owner user. this is adorable bungalow courtyard style layout with lots of palm trees. Located in central los angeles lot is 7000 sqft lot zoned RD2-1. This property consist of 3 residential buildings building to the right is a 3 bed, 2 bth, building to the left consist of 2- 1bed-1bth units the rear 1 bed has been freshly painted with new water proof flooring, new appliances, we have potential section 8 tenant at $1650. per month and building at the rear building is 4 bed 2 bth. there is also 1 permitted storage approx. 90 sqft this property cash flows now. property has wrought iron around front of property and secured gate entrance. Conveniently located walking distance to bus stops, banks, shopping best of all less than 15 minutes to USC, Staples center, even new SOFI stadium. Bring your investors Now. The owner is listing agent and buyer to cooperate with reverse 1031 exchange at no expense to Buyer. unfortunately due to reverse 1031 this property can not be sold with FHA or VA financing. Buyers and buyers agent please do your due diligence seller purchased property with current layout but does not match assessor room count. 3 units are currently rented section 8, We have potential section 8 tenant for fourth unit - 1b1bth unit who is ready to pay @ $1,650.

Listed by Henry Hernandez | BRE #00893749 | Berkshire Hathaway Home Srvcs
Last checked: 5 minutes ago | Last updated: November 11th, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR22102562
City
Los Angeles
County
Los Angeles
Time on Site
858 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Partially
  • Total Rent: --
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Partially
  • Actual Rent: $2,219
  • Total Rent: $2,219
  • Pro Forma/Market Rent: $3,519
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Partially
  • Actual Rent: $1,637
  • Total Rent: $1,637
  • Pro Forma/Market Rent: $3,231
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Partially
  • Actual Rent: $1,009
  • Total Rent: $1,009
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,980
  • Net Operating Income: $75,820
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,160
  • Trash: $900
  • Insurance: $2,700
  • Water/Sewer: $3,600

Property Details for 532 W 77Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Vinyl, Wood
  • All Bedrooms Down, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
Interior Features
  • Levels: One
  • Window Features: Screens
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6020017007
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South Florence, East of Hoover
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 532 W 77Th St

Last sold for $935,000 on November 10th, 2022

  • November, 2022

  • Nov 10, 2022

    Date

    Sold

    CRMLS: TR22102562

    $935,000

    Price

  • May 16, 2022

    Date

    Active

    CRMLS: TR22102562

    $999,999

    Price

  • February, 2008

  • Feb 13, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 1999

  • May 27, 1999

    Date

    Sold (Public Records)

    Public Records

    $147,000

    Price

Show More

Tax History for 532 W 77Th St

Assessed Value (2020): $744,627
Year Land Value Improved Value Assessed Value
2020 $540,467 $204,160 $744,627

Home Value Compared to the Market

This property vs the competition

532 W 77Th St sold on November 10, 2022 for 15.18% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $347.22 per/sqft which puts the price per square foot 52.04% lower than the current median sale per square foot for the city of Los Angeles.

About 532 W 77Th St

Detailed summary of property

532 W 77Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 2,736 living square feet, and sits on an approximately 7,000 square foot lot. 532 W 77Th St was first listed on ArdentRealEstateGroup.com on May 16, 2022. The homeowner sold the property for $935,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.18% lower than the current median priced home. Local homes that are currently for sale include 441 W 69th St, 6601 S Figueroa St and 857 W 85th St. While the average home in Los Angeles, CA is selling in 106 days, 532 W 77Th St has a days on market of 77 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 532 W 77Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 532 W 77Th St

Public county record property details
Beds
6
Baths
5
Year built
1923
Sq. Ft.
2,736
Lot Size
7,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
269
APN
6020-017-007

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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