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737 W 77th St, Los Angeles, CA 90044
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737 W 77th St Los Angeles, CA 90044

$745,000 Sold Price as of 12/11/2020
  • 8 Beds
  • 4 Baths
  • 2,677 Sq.Ft.
Sold
$745,000 Sold Price as of 12/11/2020 Refinance Your Mortgage
Map preview of 737 W 77th St, Los Angeles, CA 90044

Property Overview: 737 W 77th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,677 living square feet and 7,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price reduction! Actual 6% Cap! Motivated Seller! Income-producing 4-Units in a centralized Los Angeles location. All 4 units are attached & sit on an R3, 7,000 SF lot (Tier 1 TOC). The units are 2 beds and 1 bath each (Assessors shows 1 bed/1 Bath per unit, buyers to conduct their own due diligence). Each unit has a private side-yard and a common front yard. Each unit is separately metered for gas and power. Each unit includes a 1 car garage. Centrally located to schools, public transit, major commercial thoroughfares, 110, and the 105 freeways. Less than 3 miles from Hollywood Park tomorrow. Minutes to downtown Los Angeles, USC Village, and much more.

Listed by Armin Soleimani | BRE #01846872 | Global Platinum Properties, Inc.
Co-listed by Julio Ruiz | BRE #01911261 | Global Platinum Properties, Inc.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1950
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
20628532
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,136
  • Total Rent: $1,136
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,324
  • Total Rent: $1,324
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.02
  • Gross Scheduled Income: --
  • Net Operating Income: $45,825
  • Gross Operating Income: $59,520
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 737 W 77th St

Interior Features
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Window Features: Screens
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Garage, Gated
Lot Information
  • Lot Features: Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 6020019023
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: Exit Florence from 110 (Freeway), head west. Turn left (South) onto Hoover Ave. then left (East) onto 77th. The second parcel on the left.
View more facts & features

Local Los Angeles Agent

Sale History for 737 W 77th St

Last sold for $745,000 on December 11th, 2020

  • December, 2020

  • Dec 14, 2020

    Date

    Sold

    CRMLS: 20628532

    $745,000

    Price

  • Sep 30, 2020

    Date

    Price Change

    CRMLS: 20628532

    $749,500

    Price

  • Sep 4, 2020

    Date

    Active

    CRMLS: 20628532

    $775,000

    Price

  • December, 2020

  • Dec 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $745,000

    Price

  • August, 2020

  • Aug 18, 2020

    Date

    Canceled

    CRMLS: 20611720

    $775,000

    Price

  • Jul 31, 2020

    Date

    Active

    CRMLS: 20611720

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    4-Units with passive income. All 4 units are attached & sit on an R3, 7,000 SF lot (Tier 1 TOC). The units are 2 beds and 1 bath each (Assessors shows 1 bed/1 Bath per unit, buyers to conduct their own due diligence). Each unit has a private side-yard and a common front yard. Each unit is separately metered for gas and power. Each unit includes a 1 car garage. Centrally located to schools, public transit, major commercial thoroughfares, 110, and the 105 freeways. Less than 3 miles from Hollywood Park tomorrow. Minutes to downtown Los Angeles, USC Village, and much more.

  • July, 2020

  • Jul 31, 2020

    Date

    Canceled

    CRMLS: 20563284

    $799,000

    Price

  • May 21, 2020

    Date

    Price Change

    CRMLS: 20563284

    $799,000

    Price

  • Mar 12, 2020

    Date

    Active

    CRMLS: 20563284

    $825,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! AND CASH FLOW!!! This fourplex is low maintenance with established tenants in place. The subject consist of 4 attached residential units that sit on an R3, 7,000 SF lot (Located in a Tier 1 TOC)! . All 4 units will be delivered occupied (Great tenants!). All numbers all actual, not pro-forma. Each united comprises 2 bedrooms and 1 bathroom (Assessors records show 1 bed + 1 Bath per unit, buyer to conduct their own due diligence). Each unit has a private backyard and common front yard. All are separately metered for gas and power. 4 X 1 car garages, accessible from the alley. Centrally located to schools, public transit, major commercial thoroughfares, 110 and the 105 freeways. Less than 3 miles from Hollywood Park tomorrow. Minutes to downtown Los Angeles, USC Village and much more. Definitely a great hold for any novice or beginner investor or developer.

  • July, 2018

  • Jul 5, 2018

    Date

    Sold

    CRMLS: MB18034920

    $670,000

    Price

  • May 18, 2018

    Date

    Active

    CRMLS: MB18034920

    $695,000

    Price

  • May 18, 2018

    Date

    Withdrawn

    CRMLS: MB18034920

    $695,000

    Price

  • May 18, 2018

    Date

    Price Change

    CRMLS: MB18034920

    $695,000

    Price

  • Feb 14, 2018

    Date

    Active

    CRMLS: MB18034920

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! AND CASH FLOW!!! This fourplex is low maintenance with established tenants in place. The subject consist of 4 attached residential units that sit on an R3, 7,000 SF lot (Located in a Tier 1 TOC)! . All 4 units will be delivered occupied (Great tenants!). All numbers all actual, not pro-forma. Each united comprises 2 bedrooms and 1 bathroom (Assessors records show 1 bed + 1 Bath per unit, buyer to conduct their own due diligence). Each unit has a private backyard and common front yard. All are separately metered for gas and power. 4 X 1 car garages, accessible from the alley. Centrally located to schools, public transit, major commercial thoroughfares, 110 and the 105 freeways. Less than 3 miles from Hollywood Park tomorrow. Minutes to downtown Los Angeles, USC Village and much more. Definitely a great hold for any novice or beginner investor or developer.

  • July, 2018

  • Jul 3, 2018

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

Show More

Tax History for 737 W 77th St

Assessed Value (2020): $683,400
Year Land Value Improved Value Assessed Value
2020 $510,000 $173,400 $683,400

Home Value Compared to the Market

This property vs the competition

737 W 77th St sold on December 11, 2020 for 33.08% 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 $279.98 per/sqft which puts the price per square foot 61.33% lower than the current median sale per square foot for the city of Los Angeles.

About 737 W 77th St

Detailed summary of property

737 W 77th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,677 living square feet, and sits on an approximately 7,001 square foot lot. 737 W 77th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $745,000. 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 33.08% lower than the current median priced home. Local homes that are currently for sale include 441 W 69th St, 857 W 85th St and 943 W 65th St. While the average home in Los Angeles, CA is selling in 106 days, 737 W 77th St has a days on market of 40 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 737 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 737 W 77th St

Public county record property details
Beds
4
Baths
4
Year built
1950
Sq. Ft.
2,677
Lot Size
7,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
249
APN
6020-019-023

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%)

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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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