725 West 77th Street

725 West 77th Street

Los Angeles, CA 90003

$1,080,000
Price
2
Beds
9
Baths
3,398 Sq. Ft.
$318 / Sq. Ft.
3,398
Sq. Ft.
$318
per Sq. Ft.
an aerial view of a city
an aerial view of residential houses with outdoor space
a bathroom with a shower and a sink
a view of street along with house and trees
a view of a brick house with many windows
a view of a house with entertaining space
a view of a balcony and chairs
a view of a house with sitting area
a room with wooden ceiling fan
a picture of a building with a yard and trees in the background

Description

Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market...Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market rent levels, this asset can achieve a CAP Rate exceeding 10%. The building spans 3,398 square feet and sits on a 7,000-square-foot lot. Located in the highly sought-after Vermont Knolls area, this property is an exceptional investment opportunity, ideally situated near Downtown Los Angeles, USC/Exposition Park, and the rapidly developing city of Inglewood. Home to major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles. Its strategic location, combined with cultural vibrancy and proximity to entertainment and employment centers, makes it a compelling choice for investors and residents aiming to capitalize on the area’s growth potential.
  1. Listed by Christopher Martinez Diaz • DRE #01917060 • Brokerage DRE #02041783 • Vinco Vinco Realty & Investments Inc • 323-481-8517

Property Details for 725 West 77th Street

Architectural Style
Bungalow
Parking Spaces Total
2
Private Pool
No
Total Units
9.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3398
Assessor Parcel Number
6020-019-021

Location

Listing Courtesy of Vinco Vinco Realty & Investments Inc, Christopher Martinez Diaz, DRE #01917060
Add your commute
LISTING UPDATED: 04/24/2024 10:58 PM

Property Details for 725 West 77th Street

StatusActive
MLS #SR24081976
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
CountyLos Angeles County

Location

Listing Courtesy of Vinco Vinco Realty & Investments Inc, Christopher Martinez Diaz, DRE #01917060
Add your commute

Building Information for 725 West 77th Street

Building/Complex725 W 77th StFloor-Stories1Residences-Pet Policy-Year Built1928Building Size-

Payment Calculator

$6,809 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,894

Property Taxes

$915

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 725 West 77th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $77,649
  • Gross Scheduled Income: $77,649
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $75,319
  • Net Operating Income: $39,544
Expense Details
  • Operating Expense: $35,775
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,549
  • Professional Management Expense: $3,106
  • Trash Expense: $4,470
  • Water Sewer Expense: $5,100
  • Total Expenses: $35,775
Tax / Assessment Info
  • Tax Tract Number: 237...
  • Tax Census Tract: 2377.20
  • CFD/Mello-Roos Fee: $1,015
  • Tax Lot: 247
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Security Features: Smoke Detector(s)
  • Entry Location: Front & Alley
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $732
  • Unit Type Total Rent: $732
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $680
  • Unit Type Total Rent: $680
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $680
  • Unit Type Total Rent: $680
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $680
  • Unit Type Total Rent: $680
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $680
  • Unit Type Total Rent: $680
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $972
  • Unit Type Total Rent: $972
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $680
  • Unit Type Total Rent: $680
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $836
  • Unit Type Total Rent: $836
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $528
  • Unit Type Total Rent: $528
  • Unit Type Pro Forma: 1475
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 0

Property History for 725 West 77th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 725 West 77th Street

Taxable ValueLand$643,876Additions$186,720Total$830,596
Tax Record2023$10,977 ($915 / month)
Home Facts
Total Finished SqFt3,398 SqFtAbove Grade Finished SqFt3,398 SqFtLot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR3CountyLOS ANGELESAPN6020-019-021

Schools near 725 West 77th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Loren Miller Elementary School
Public - K to 6
Mary Mcleod Bethune Middle School
Public - 7 to 8
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
Public - 9 to 12
KIPP Empower Academy
Charter - K to 4
Rating
School
Distance
Loren Miller Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

Academy For Multiligual Arts And Science At Mervyn M. Dymally High
Public9 to 12

KIPP Empower Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 725 West 77th Street, Los Angeles, CA 90003

725 West 77th Street is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on April 23, 2024 by Vinco Vinco Realty & Investments Inc, it's currently listed at $1,080,000. It has been on the market for a total of 10 days and was last sold on January 18, 2007. This listing's school district is Los Angeles Unified School District. Nearby schools include Loren Miller Elementary School, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 725 West 77th Street is a 2-bed, 9-bath, 3,398 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vinco Vinco Realty & Investments Inc, Christopher Martinez Diaz, DRE #01917060

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.