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426 W 77th St, Los Angeles, CA 90003

List Price: $1,490,000On Market FlagOn market
Mar 25, 20254,576 sqft14 beds7 baths
Listed by: Meran Solamany
License #: 01301571
Phone #: 310-666-7822
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 25515817

Property Description

This property is a high-revenue-generating cash cow with a cap rate of over 9%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.
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

$20,877

TurboHome Estimated Value

$1,440,900

$315 sqft

High Valuation
$1,512,945
$331/sqft
Normal Valuation
$1,440,900
$315/sqft
Low Valuation
$1,368,855
$299/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$315/sqft$1,440,900

Neighborhood: South Los Angeles

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Comparative Value

$1.02M

$1.40M

$1.49M

$1.62M

$1.77M

840 W 52nd St, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

850 W 83rd St, Los Angeles, CA 90044

Sale Price: $1,400,000

Selected Comparable

426 W 77th St, Los Angeles, CA 90003

List Price: $1,490,000

Subject Property

735 E 82nd St, Los Angeles, CA 90001

Sale Price: $1,620,000

Selected Comparable

1311 W 89th St, Los Angeles, CA 90044

Sale Price: $1,770,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
426 W 77th St, Los Angeles, CA 90003

426 W 77th St, Los Angeles, CA 90003

List: $1,490,000

Listed: 3/25/2025

Area:4,576 sqft
Price/sqft:$326
Beds:14
Baths:7
Year Built:
Lot Size:6,579

Comparable Properties

COMPARABLE
Choose comps
850 W 83rd St, Los Angeles, CA 90044

850 W 83rd St, Los Angeles, CA 90044

Sale: $1,400,000

7/15/20250.60 mi

Area:6,524 sqft
Price/sqft:$215
Beds:14
Baths:6
Year Built:
Weight:28.7%
735 E 82nd St, Los Angeles, CA 90001

735 E 82nd St, Los Angeles, CA 90001

Sale: $1,620,000

1/31/20251.18 mi

Area:4,537 sqft
Price/sqft:$357
Beds:13
Baths:8
Year Built:
Weight:26.2%
1311 W 89th St, Los Angeles, CA 90044

1311 W 89th St, Los Angeles, CA 90044

Sale: $1,770,000

12/3/20241.30 mi

Area:4,450 sqft
Price/sqft:$398
Beds:13
Baths:8
Year Built:
Weight:24.7%
840 W 52nd St, Los Angeles, CA 90037

840 W 52nd St, Los Angeles, CA 90037

Sale: $1,025,000

11/6/20241.80 mi

Area:5,195 sqft
Price/sqft:$197
Beds:15
Baths:6
Year Built:
Weight:20.3%

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