726 W 76th St, Los Angeles, CA 90044
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726 W 76th St Los Angeles, CA 90044

$1,399,900
  • 6 Beds
  • 6 Baths
  • 2,864 Sq.Ft.
For Sale
$1,399,900 Get Pre-Qualified

Map preview of 726 W 76th St, Los Angeles, CA 90044

Property Overview: 726 W 76th St Los Angeles, CA has 6 bedrooms, 6 bathrooms, 2,864 living square feet and 7,003 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment property in the heart of South Los Angeles. This 1925 charmer sits in the Vermont Knolls area centrally located to several major freeways which include the 110 and the 105. This 6 unit building is well maintained and presents pride of ownership. Close to major shopping areas and entertainment venues. LA Live, downtown Los Angeles, Sofi Stadium and the Kia Forum are all less than 6 miles away. All six units are 1 bedroom and 1 bathroom. Parking is also available in the rear of the building. There are many new apartment developments in the area as well as recreational development. This property presents tremendous potential for the investor looking for cash flow and passive income. The area is experiencing significant urban redevelopment which presents many possibilities for the potential buyer. Don't miss out on a truly great investment opportunity.

Listed by Kyle Skinner | BRE #01908011 | Southern California Rlty Group
Last checked: 3 minutes ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 147
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Home details

Lot Sq. Ft
7,003
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW23215795
City
Los Angeles
County
Los Angeles
Time on Site
157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,326
  • Total Rent: $1,326
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,716
  • Net Operating Income: $76,030
  • Gross Operating Income: $82,716
  • Vacancy Allowance: $24,000
Annual Expense Breakdown
  • Total Operating Expense: $3,686
  • Electric: $0
  • Trash: $0
  • Insurance: $3,000
  • Professional Management: $0

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Property Details for 726 W 76th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Has Fence
  • Good Condition, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 6020019004
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Figueroa and Vermont, South of Florence
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

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Sale History for 726 W 76th St

View property's historical transactions
  • November, 2023

  • Nov 22, 2023

    Date

    Active

    CRMLS: PW23215795

    $1,500,000

    Price

Tax History for 726 W 76th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

726 W 76th St is listed 13.26% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $488.79 per/sqft which puts the price per square foot 36.77% lower than the median price per square foot for the city of Los Angeles.

About 726 W 76th St

Detailed summary of property

726 W 76th St is a mixed use located in Los Angeles, CA 90044 and is currently for sale. This mixed use property offers 6 bedrooms, 6 bathrooms, roughly 2,864 living square feet, and sits on an approximately 7,003 square foot lot. 726 W 76th St was first listed on ArdentRealEstateGroup.com on November 23, 2023. The homeowner is currently asking $1,399,900 and was originally asking $1,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.26% higher than the median priced home. Local competing homes currently for sale include 1357 W Temple St, 2016 Pennsylvania Ave and 2007 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 96 days, 726 W 76th St has a days on market of 147 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 726 W 76th 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 726 W 76th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.
$517
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
80
Median Sale to List Price %
100%
Avg Days on Market
51
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (7.14%), Other (14.29%)

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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.