Los Angeles, CA 90044 945 W 76th Street

945 W 76th Street Los Angeles, CA - Image 1945 W 76th Street Los Angeles, CA - Image 2945 W 76th Street Los Angeles, CA - Image 3
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Presented By: Kelly Morgan with KW Advisors;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25495183
  • 02/06/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 5
  • SQFT • 3,603

Home Details

Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8.18% cap rate with a 9.01 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 11.06% cap rate and a 7.11 GRM upon optimization. Potential 12.62% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.18% *Cap Rate (Pro Forma): 11.06% *GRM (Current): 9.01 *GRM (Pro Forma): 7.11. ***contact us for more information***
Presented By: Kelly Morgan with KW Advisors;

Interior Features for 945 W 76th Street

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories

General for 945 W 76th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate8.18
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsJust East of Vermont Ave, South of W 75th St., West of S Hoover St
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income144096.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5592.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income106165.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1921
ZoningLARD1.5

Exterior for 945 W 76th Street

Building Area Total3603.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1284
Lot Size Area5592.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,298,000
MLS#25495183
List Date 02/06/2025
Property Type Multi-Family
Phone 714.742.6515
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