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945 W 76th St, Los Angeles, CA 90044

List Price: $1,598,000On Market FlagOn market
Feb 6, 20253,603 sqft10 beds5 baths
Listed by: Kelly Morgan
License #: 01898026
Phone #: 310-836-3638
Houze Real Estate Management
Source:
CRMLS Logo
MLS #: 25495183

Property Description

Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 6.26% cap rate with a 11.28 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 8.16% cap rate and a 9.24 GRM upon optimization. Potential 6.51% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. ***contact us for more information***
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$18,258

TurboHome Estimated Value

$1,407,600

$391 sqft

High Valuation
$1,477,980
$410/sqft
Normal Valuation
$1,407,600
$391/sqft
Low Valuation
$1,337,220
$371/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$391/sqft$1,407,600

Neighborhood: South Los Angeles

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Comparative Value

$1.11M

$1.28M

$1.60M

1232 W 94th St, Los Angeles, CA 90044

Sale Price: $1,115,000

Selected Comparable

9011 Orchard Ave, Los Angeles, CA 90044

Sale Price: $1,120,000

Selected Comparable

1045 Browning Blvd, Los Angeles, CA 90037

Sale Price: $1,135,000

Selected Comparable

602 W 53rd St, Los Angeles, CA 90037

Sale Price: $1,285,000

Selected Comparable

945 W 76th St, Los Angeles, CA 90044

List Price: $1,598,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
945 W 76th St, Los Angeles, CA 90044

945 W 76th St, Los Angeles, CA 90044

List: $1,598,000

Listed: 2/6/2025

Area:3,603 sqft
Price/sqft:$444
Beds:10
Baths:5
Year Built:
Lot Size:5,592

Comparable Properties

COMPARABLE
Choose comps
1232 W 94th St, Los Angeles, CA 90044

1232 W 94th St, Los Angeles, CA 90044

Sale: $1,115,000

10/11/20241.45 mi

Area:4,225 sqft
Price/sqft:$264
Beds:10
Baths:5
Year Built:
Weight:28.8%
9011 Orchard Ave, Los Angeles, CA 90044

9011 Orchard Ave, Los Angeles, CA 90044

Sale: $1,120,000

9/12/20241.13 mi

Area:3,785 sqft
Price/sqft:$296
Beds:10
Baths:6
Year Built:
Weight:27.6%
602 W 53rd St, Los Angeles, CA 90037

602 W 53rd St, Los Angeles, CA 90037

Sale: $1,285,000

9/10/20241.62 mi

Area:3,321 sqft
Price/sqft:$387
Beds:10
Baths:6
Year Built:
Weight:26.1%
1045 Browning Blvd, Los Angeles, CA 90037

1045 Browning Blvd, Los Angeles, CA 90037

Sale: $1,135,000

12/31/20242.86 mi

Area:4,162 sqft
Price/sqft:$273
Beds:9
Baths:4
Year Built:
Weight:17.5%

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