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940 W 76Th St, Los Angeles, CA 90044
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940 W 76Th St Los Angeles, CA 90044

$675,000
  • 4 Beds
  • 4 Baths
  • 2,193 Sq.Ft.
For Sale
$675,000 Get Pre-Qualified
Map preview of 940 W 76Th St, Los Angeles, CA 90044

Property Overview: 940 W 76Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,193 living square feet and 5,400 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: Price Reduced $50,000! We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 940 W. 76th St. This charming building is located in a rapidly gentrifying area, and was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 2,193 on a 5,872-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a unit mix, consisting of four (4) 1-bedroom+ 1-bathroom units, as well as four (4) on-site garage parking spaces, and is individually metered for gas and electricity. The subject property is 100% occupied, and all tenants are current with rental payments. Ideally situated within close proximity to the 110 freeway, this apartment building offers convenient access to DTLA, USC, LA Coliseum, and Sofi Stadium.

Listed by Adam Shamooelian | BRE #02116849 | Keller Williams Beverly Hills
Last checked: 4 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 73
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Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24358273
City
Los Angeles
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $742
  • Total Rent: $742
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $937
  • Total Rent: $937
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $826
  • Total Rent: $826
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.86
  • Gross Scheduled Income: --
  • Net Operating Income: $24,488
  • Gross Operating Income: $42,557
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 940 W 76Th St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 6020009008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 940 W. 76th Street, Los Angeles CA 90044
View more facts & features

Local Los Angeles Agent

Sale History for 940 W 76Th St

View property's historical transactions

  • February, 2024

  • Feb 14, 2024

    Date

    Active

    CRMLS: 24358273

    $725,000

    Price

Tax History for 940 W 76Th St

Assessed Value (2020): $288,597
Year Land Value Improved Value Assessed Value
2020 $141,163 $147,434 $288,597

Home Value Compared to the Market

This property vs the competition

940 W 76Th St is listed 44.9% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $307.8 per/sqft which puts the price per square foot 60.23% lower than the median price per square foot for the city of Los Angeles.

About 940 W 76Th St

Detailed summary of property

940 W 76Th St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,193 living square feet, and sits on an approximately 5,400 square foot lot. 940 W 76Th St was first listed on ArdentRealEstateGroup.com on February 14, 2024. The homeowner is currently asking $675,000 and was originally asking $725,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.9% lower than the median priced home. Local competing homes currently for sale include 725 W 83rd St, 443 W 71st St and 943 W 65th St. While the average home in Los Angeles, CA is selling in 96 days, 940 W 76Th St has a days on market of 73 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 940 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 940 W 76Th St

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
2,193
Lot Size
5,399
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
6020-009-008

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
$669,999
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
86
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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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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