940 W 76th St, Los Angeles, CA 90044 - View 1
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940 W 76th St, Los Angeles, CA 90044 - View 5
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940 W 76th St, Los Angeles, CA 90044

List Price: $675,000On Market FlagOn market
Feb 14, 20242,193 sqft4 beds4 baths
Listed by: Adam Shamooelian
License #: 02116849
Phone #: 310-658-2668
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 24358273

Property Description

Price Reduced $50,000! We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 940 W. 76th St. This charming building is located in a rapidly gentrifying area, and was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 2,193 on a 5,872-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a unit mix, consisting of four (4) 1-bedroom+ 1-bathroom units, as well as four (4) on-site garage parking spaces, and is individually metered for gas and electricity. The subject property is 100% occupied, and all tenants are current with rental payments. Ideally situated within close proximity to the 110 freeway, this apartment building offers convenient access to DTLA, USC, LA Coliseum, and Sofi Stadium.
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

$11,127

TurboHome Estimated Value

$708,400

$323 sqft

High Valuation
$743,820
$339/sqft
Normal Valuation
$708,400
$323/sqft
Low Valuation
$672,980
$307/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$323/sqft$708,400

Neighborhood: South Los Angeles

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Comparative Value

$665K

$840K

$900K

$950K

8627 S Figueroa St, Los Angeles, CA 90003

Sale Price: $665,000

Selected Comparable

940 W 76th St, Los Angeles, CA 90044

List Price: $675,000

Subject Property

2047 W Florence Ave, Los Angeles, CA 90047

Sale Price: $689,000

Selected Comparable

1526 W 83rd St, Los Angeles, CA 90047

Sale Price: $840,000

Selected Comparable

907 W 68th St, Los Angeles, CA 90044

Sale Price: $900,000

Selected Comparable

636 W 81st St, Los Angeles, CA 90044

Sale Price: $950,000

Selected Comparable

Neighborhood Comps

Subject Property

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

940 W 76th St, Los Angeles, CA 90044

List: $675,000

Listed: 2/14/2024

Area:2,193 sqft
Price/sqft:$308
Beds:4
Baths:4
Year Built:
Lot Size:5,400

Comparable Properties

COMPARABLE
Choose comps
636 W 81st St, Los Angeles, CA 90044

636 W 81st St, Los Angeles, CA 90044

Sale: $950,000

11/5/20240.47 mi

Area:2,088 sqft
Price/sqft:$455
Beds:4
Baths:4
Year Built:
Weight:21.6%
8627 S Figueroa St, Los Angeles, CA 90003

8627 S Figueroa St, Los Angeles, CA 90003

Sale: $665,000

5/19/20250.88 mi

Area:2,518 sqft
Price/sqft:$264
Beds:4
Baths:4
Year Built:
Weight:20.8%
907 W 68th St, Los Angeles, CA 90044

907 W 68th St, Los Angeles, CA 90044

Sale: $900,000

8/13/20240.56 mi

Area:2,396 sqft
Price/sqft:$376
Beds:4
Baths:4
Year Built:
Weight:20.7%
2047 W Florence Ave, Los Angeles, CA 90047

2047 W Florence Ave, Los Angeles, CA 90047

Sale: $689,000

3/25/20251.44 mi

Area:2,090 sqft
Price/sqft:$330
Beds:4
Baths:3
Year Built:
Weight:18.7%
1526 W 83rd St, Los Angeles, CA 90047

1526 W 83rd St, Los Angeles, CA 90047

Sale: $840,000

6/5/20250.88 mi

Area:1,824 sqft
Price/sqft:$461
Beds:4
Baths:3
Year Built:
Weight:18.1%

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