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.
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“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $315/sqft | $1,440,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT426 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
COMPARABLEChoose comps
850 W 83rd St, Los Angeles, CA 90044
Sale: $1,400,000
7/15/2025 • 0.60 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
Sale: $1,620,000
1/31/2025 • 1.18 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
Sale: $1,770,000
12/3/2024 • 1.30 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
Sale: $1,025,000
11/6/2024 • 1.80 mi
Area:5,195 sqft
Price/sqft:$197
Beds:15
Baths:6
Year Built:—
Weight:20.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
426 W 77th St, Los Angeles, CA 90003 | $1,490,000 | 4,576 | $326 | 6,579 | — | 3/25/2025 | 14 | 7 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
850 W 83rd St, Los Angeles, CA 90044 | $1,400,000 | 6,524 | $215 | 9,109 | 0.60 mi | 7/15/2025 | 14 | 6 | — | 28.7% | |
735 E 82nd St, Los Angeles, CA 90001 | $1,620,000 | 4,537 | $357 | 5,102 | 1.18 mi | 1/31/2025 | 13 | 8 | — | 26.2% | |
1311 W 89th St, Los Angeles, CA 90044 | $1,770,000 | 4,450 | $398 | 6,163 | 1.30 mi | 12/3/2024 | 13 | 8 | — | 24.7% | |
840 W 52nd St, Los Angeles, CA 90037 | $1,025,000 | 5,195 | $197 | 6,800 | 1.80 mi | 11/6/2024 | 15 | 6 | — | 20.3% |
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