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Sold for $1,080,000
  • Listed by: Vinco Vinco Realty & Investments Inc • Christopher Martinez Diaz • Contact: 323-303-3410
    Bought with: Vinco Vinco Realty & Investments Inc
    $1,080,000

    725 W 77th St, Los Angeles, CA 90044

    2beds
    9baths
    3,398sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $318/sqft
    $3,403 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,403/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Martinez Diaz DRE #01917060 323-481-8517,

    Vinco Vinco Realty & Investments Inc

    Bought with:

    Christopher Martinez Diaz, DRE #01917060

    Vinco Vinco Realty & Investments Inc

    Source: CRMLS,MLS#: SR24081976MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 9
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,398
    • Total interior livable area: 3,398 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: Front & Alley
    • Pool features: None
    • Fencing: Wrought Iron
    Lot
    • Size: 7,000 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 6020019021
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Sidewalks
    • Security: Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $318/sqft
    • Tax assessed value: $864,151
    • Annual tax amount: $11,331
    • Date on market: 4/24/2024
    • Cumulative days on market: 323 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    4/9/2025Sold$1,080,000$318/sqft
    Source: CRMLS #SR24081976 Report a problem
    3/6/2025Pending sale$1,080,000$318/sqft
    Source: CRMLS #SR24081976 Report a problem
    10/18/2024Contingent$1,080,000$318/sqft
    Source: CRMLS #SR24081976 Report a problem
    4/24/2024Listed for sale$1,080,000+67.4%$318/sqft
    Source: CRMLS #SR24081976 Report a problem
    1/30/2007Sold$645,000+4%$190/sqft
    Source: Public Record Report a problem
    8/15/2005Sold$620,000$182/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,331 +1.4%$864,151 +2%
    2024$11,175 +1.8%$847,207 +2%
    2023$10,977 +4.5%$830,596 +2%
    2022$10,503 +1.3%$814,310 +2%
    2021$10,366 -0.9%$798,344 +1%
    2020$10,463 $790,159 +2%
    2019$10,463 +5.3%$774,667 +2%
    2018$9,941 $759,479 +2%
    2017$9,941 +2.5%$744,588 +2%
    2016$9,695 +2.5%$729,989 +24.8%
    2015$9,461 +23.6%$585,000 +4.5%
    2014$7,653 $560,000 -18.6%
    2012-- $687,996 +2.5%
    2009-- $671,058 +2%
    2008-- $657,900 +4%
    2007-- $632,400 +139.3%
    2005-- $264,291 +4%
    2004-- $254,030
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

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