706 W 77th Street
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 7,002 sqft lot
- 1920 build
- – on site
Portfolio-Enhancing Asset with Strong Fundamentals: Investors seeking stable returns and long-term growth will appreciate this dual-property investment. The current pro forma projects a 7.24% cap rate (buyer to verify), driven by two well-maintained homes: a 3-bed/2-bath front house and a newer, 4-bed/3-bath rear house (built 2012). The oversized lot provides potential for future value appreciation and/or expansion. Benefit from separate utilities, minimizing landlord expenses, and ample parking, maximizing tenant satisfaction. Contact us for a detailed financial analysis and due diligence package.
Listed By CRMLS_CA / Alberto Romero Meza / Good Opportunity Company Inc. / 562-602-8550
Last checked:
Checking…
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Last updated Feb 5, 2025
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MLS# DW25025993 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3002.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Features:Ceiling Fan(s), Crown Molding, Open Floorplan
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Levels:One
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Entry Location:1
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Flooring:Laminate, Tile
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Room Type:Kitchen, Laundry, Primary Bedroom, Multi-Level Bedroom
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Fireplace:No
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Fireplace:None
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Laundry:Gas & Electric Dryer Hookup
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Laundry:1
Location
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Directions:110 Freeway exit Florence, W on Florence, L on S Hoover, L on W. 77th St.
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Latitude:33.96950300
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Longitude:-118.28571700
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Zoning:LARD2
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Lot Features:Back Yard, Near Public Transit, Walkstreet, Yard
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Lot Size Area:7002.0000
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Lot Size Acres:0.1607
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Lot Size SqFt:7002.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2377.20
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Tax Tract:1
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Tax Lot:258
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6020018008
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:220 Volts
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Water Source:Public
The Community
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Features:Sidewalks, Storm Drains, Street Lights, Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Driveway - Combination, Garage
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Parking Spaces:2.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/4/25
Feb 4, 2025
|
Listed / Active | CRMLS_CA | $998,900 |