851 E 76Th Pl, Los Angeles, CA 90001
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851 E 76Th Pl Los Angeles, CA 90001

$1,649,500
  • 13 Beds
  • 8 Baths
  • 4,515 Sq.Ft.
For Sale
$1,649,500 Get Pre-Qualified

Map preview of 851 E 76Th Pl, Los Angeles, CA 90001

Property Overview: 851 E 76Th Pl Los Angeles, CA has 13 bedrooms, 8 bathrooms, 4,515 living square feet and 5,105 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: Welcome to this brand new 2024 Construction triplex located on 76th pl. and central! This three unit property consists of a spacious duplex with two (1600 sq ft) 5 bed 3 bath units and a stand alone (1300 sq ft) 3 bed 2 bath unit. All three units come are open floor plans and come with tandem parking and brand new appliances. The property will be delivered vacant so buyer can capitalize on market rents. Projected cap of 6.77%

Listed by Isaac Davidi | BRE #01819489 | On Track Property
Last checked: 12 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 11
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,105
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389093
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.78%
  • Gross Rent Multiplier: 11.36
  • Gross Scheduled Income: --
  • Net Operating Income: $111,804
  • Gross Operating Income: $145,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 851 E 76Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Kitchen Information
  • Has Appliances
  • Refrigerator, Vented Exhaust Fan
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport
Property Information
  • Total # of Units: 3
  • Parcel Number: 6023019019
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Heading south on Central Ave - Turn right on E 76th Pl - Destination is on the right
View more facts & features

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Sale History for 851 E 76Th Pl

Last sold for $435,000 on November 7th, 2022
  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: 24389093

    $1,649,500

    Price

  • November, 2022

  • Nov 7, 2022

    Date

    Sold

    CRMLS: TR22188688

    $435,000

    Price

  • Aug 26, 2022

    Date

    Active

    CRMLS: TR22188688

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Come and see this cozy home in the heart of South LA, close to freeways, schools and shopping. This home has 2 nice sized bedrooms and 1 bathroom that was renovated 5 years ago. The roof was installed 10 years ago, and the kitchen was also upgraded 10 years ago with beautiful cherry oak cabinets and granite counter tops. There is carpet throughout and ceramic tile in the kitchen floor. The large backyard is big enough for any celebration and can also house an ADU or back house as it used to be 2 homes on this lot. Whether a first-time buyer or an investor, this home has many great options for you! See you soon!

  • May, 2001

  • May 3, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 851 E 76Th Pl

Assessed Value (2020): $192,009
Year Land Value Improved Value Assessed Value
2020 $139,045 $52,964 $192,009

Home Value Compared to the Market

This property vs the competition

851 E 76Th Pl is listed 31.96% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $365.34 per/sqft which puts the price per square foot 52.98% lower than the median price per square foot for the city of Los Angeles.

About 851 E 76Th Pl

Detailed summary of property

851 E 76Th Pl is a multi family located in Los Angeles, CA 90001 and is currently for sale. This multi family property offers 13 bedrooms, 8 bathrooms, roughly 4,515 living square feet, and sits on an approximately 5,105 square foot lot. 851 E 76Th Pl was first listed on ArdentRealEstateGroup.com on May 7, 2024. The homeowner is currently asking $1,649,500. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 31.96% higher than the median priced home. Local competing homes currently for sale include 948 W 81st St, 915 E 50th St and 113 W Century Blvd. While the average home in Los Angeles, CA is selling in 92 days, 851 E 76Th Pl has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 851 E 76Th Pl Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 851 E 76Th Pl

Public county record property details
Beds
2
Baths
1
Year built
1923
Sq. Ft.
800
Lot Size
5,103
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
632
APN
6023-019-019

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$550,000
Median List Price/Sq.Ft.
$458
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
28
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), 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.