726 West 76th Street

Los Angeles, CA 90003

$1,399,900
Price
6
Beds
6
Baths
2,864 Sq. Ft.
$489 / Sq. Ft.
2,864
Sq. Ft.
$489
per Sq. Ft.

Description

Great investment property in the heart of South Los Angeles. This 1925 charmer sits in the Vermont Knolls area centrally located to several major freeways which include the 110 and the 105. This 6 unit building is well maintained and presents pride of ownership. Close to major shopping areas and entertainment venues. LA Live, downtown Los Angeles, Sofi Stadium and the Kia Forum are all less than 6 miles away. All six units are 1 bedroom and 1 bathroom. Parking is also available in the rear of the...Great investment property in the heart of South Los Angeles. This 1925 charmer sits in the Vermont Knolls area centrally located to several major freeways which include the 110 and the 105. This 6 unit building is well maintained and presents pride of ownership. Close to major shopping areas and entertainment venues. LA Live, downtown Los Angeles, Sofi Stadium and the Kia Forum are all less than 6 miles away. All six units are 1 bedroom and 1 bathroom. Parking is also available in the rear of the building. There are many new apartment developments in the area as well as recreational development. This property presents tremendous potential for the investor looking for cash flow and passive income. The area is experiencing significant urban redevelopment which presents many possibilities for the potential buyer. Don't miss out on a truly great investment opportunity.
  1. Listed by Kyle Skinner • DRE #01908011 • Brokerage DRE #02010660 • Southern California Rlty Group

Property Details for 726 West 76th Street

Architectural Style
Spanish
View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Southern California Rlty Group, Kyle Skinner, DRE #01908011
Add your commute
LISTING UPDATED: 03/12/2024 03:13 AM

Property Details for 726 West 76th Street

StatusActive
MLS #PW23215795
Days on Market159
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1925
Lot Size0.16 AC / 7,003 SF
CountyLos Angeles County

Location

Listing Courtesy of Southern California Rlty Group, Kyle Skinner, DRE #01908011
Add your commute

Building Information for 726 West 76th Street

Stories1Residences-Year Built1925Building Size-Lot Size0.16 AC / 7,003 SF

Payment Calculator

$7,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 726 West 76th Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Parking Fee
Income / Expense / Tax Details
Income Details
  • Gross Income: $82,716
  • Gross Scheduled Income: $106,716
  • Vacancy Allowance: 24000
  • Vacancy Allowance Rate: 17
  • Gross Operating Income: $82,716
  • Net Operating Income: $76,030
  • Current Financing: None
Expense Details
  • Operating Expense: $3,686
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Real Estate Tax Expense: $3,686
  • Total Expenses: $6,686
Tax / Assessment Info
  • Tax Tract Number: 237...
  • Tax Census Tract: 2377.20
  • Tax Lot: 204
Community / Development
Community / Development
  • Community Features: Urban
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Spanish Tile
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Good Condition, Wrought Iron
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 6-10 Units/Acre
  • Land Use: Multi-Family
  • Lease Considered: No
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,326
  • Unit Type Total Rent: $1,326
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 726 West 76th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 726 West 76th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Loren Miller Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

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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726 West 76th Street is a mixed use property for sale in Los Angeles, CA 90003. This property was listed for sale on November 20, 2023 by Southern California Rlty Group, it's currently listed at $1,399,900. 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. 726 West 76th Street is a 6-bed, 6-bath, 2,864 sqft mixed use property built in 1925.

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 Southern California Rlty Group, Kyle Skinner, DRE #01908011

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.