739 West 77th Street

Los Angeles, CA 90003

$745,000
Last Sold Price
4
Beds
4
Baths
2,677 Sq. Ft.
$278 / Sq. Ft.
2,677
Sq. Ft.
$278
per Sq. Ft.

Description

Price reduction! Actual 6% Cap! Motivated Seller! Income-producing 4-Units in a centralized Los Angeles location. All 4 units are attached & sit on an R3, 7,000 SF lot (Tier 1 TOC). The units are 2 beds and 1 bath each (Assessors shows 1 bed/1 Bath per unit, buyers to conduct their own due diligence). Each unit has a private side-yard and a common front yard. Each unit is separately metered for gas and power. Each unit includes a 1 car garage. Centrally located to schools, public transit, major commercial...Price reduction! Actual 6% Cap! Motivated Seller! Income-producing 4-Units in a centralized Los Angeles location. All 4 units are attached & sit on an R3, 7,000 SF lot (Tier 1 TOC). The units are 2 beds and 1 bath each (Assessors shows 1 bed/1 Bath per unit, buyers to conduct their own due diligence). Each unit has a private side-yard and a common front yard. Each unit is separately metered for gas and power. Each unit includes a 1 car garage. Centrally located to schools, public transit, major commercial thoroughfares, 110, and the 105 freeways. Less than 3 miles from Hollywood Park tomorrow. Minutes to downtown Los Angeles, USC Village, and much more.
  1. Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
  2. Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.

Property Details for 739 West 77th Street

Water Front
None
Zoning
LAR3
Style
Traditional
Accessibility Features
None
Parcel Number
6020019023
Total Units
4.0
Living Area
2677
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

Sold By MIP Investment Corp, Peyman Zargari, DRE #01872402

Add your commute
LISTING UPDATED: 12/14/2020 12:24 PM

Property Details for 739 West 77th Street

StatusSold
MLS #20-628532
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.16 AC / 7,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

Sold By MIP Investment Corp, Peyman Zargari, DRE #01872402

Add your commute

Building Information for 739 West 77th Street

Stories-Residences-Year Built1950Building Size-Lot Size0.16 AC / 7,001 SF

Payment Calculator

$4,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,066

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 739 West 77th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Quadruplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: South
  • Property Condition: No Additions/Alter
  • Water: Water District, District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $59,520
  • Net Operating Income: $45,825.00
  • Gross Income: $59,520
  • Cap Rate: 6.10%
  • Gross Rent Multiplier: $13.02
  • Actual Annual Gross Rent: $59,520.00
  • Financial Info as Of: 07/31/2020
  • Owner Pays: Water
  • Total Annual Expense: 16695
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7001
  • Lot Features: Front Yard
  • Lot Description: Alley Paved, Front Yard
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Assigned, Garage, Garage - 4+ Car, Attached, Gated
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Assigned, Garage, Gated
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Ground Level
  • Cooling Type: Attic Fan
  • Heating Type: Wall Gas
  • Flooring: Mixed
  • Equipment: Ceiling Fan, Cable
  • Interior Features: Common Walls
  • Kitchen Features: Galley Kitchen
  • Bathroom Features: Shower and Tub, Low Flow Toilet(s)
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range
  • Laundry: None
  • Disability Access: None
  • TV Services: Cable TV, TV Satellite Dish
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Shingle
  • Sprinklers: None
  • Patio Features: Patio Open
  • Entry Location: Ground Level w/steps
  • Windows: Screens
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-04-2020
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,250.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,136.00
  • Unit Actual Rent: $1,136.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,324.00
  • Unit Actual Rent: $1,324.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,250.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Electric Meters: 5
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $140,250.00
  • Assessed Improvement Percent: 25.58
  • Assessed Land Value: $408,000.00
  • Assessed Land Percent: 74.42
  • Assessed Total Value: $548,250.00

Schools near 739 West 77th 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.

Similar Homes

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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 Global Platinum Properties, Inc., Armin Soleimani, DRE #01846872; Global Platinum Properties, Inc., Julio Ruiz, DRE #01911261

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.