725 W 77th Street, Los Angeles, CA 90044
- $1,080,000
- $318
- $1,080,000
- $318
Description
Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market rent levels, this asset can achieve a CAP Rate exceeding 10%. The building spans 3,398 square feet and sits on a 7,000-square-foot lot.
Located in the highly sought-after Vermont Knolls area, this property is an exceptional investment opportunity, ideally situated near Downtown Los Angeles, USC/Exposition Park, and the rapidly developing city of Inglewood. Home to major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters.
Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles. Its strategic location, combined with cultural vibrancy and proximity to entertainment and employment centers, makes it a compelling choice for investors and residents aiming to capitalize on the area’s growth potential.
Address
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Address: 725 W 77th Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90044
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Area: C34 - Los Angeles Southwest
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Country: United States
Details
Updated on April 26, 2024 at 4:00 am-
Property ID SGR-30481212
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Price $1,080,000
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Land Area 7000.00 m²
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Garages 2.00
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Year Built 1928
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Property Type Residential Income
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Property Status For Sale
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Living Area 3398.00
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MLS# SR24081976
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Office Name VINCO VINCO REALTY & INVESTMENTS INC
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Agent Name Christopher Martinez Diaz
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01917060
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IDX Contact Info 323-481-8517
Additional details
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Sewer Public Sewer
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County Los Angeles
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Property SubType Apartment
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Parking 2.00
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Water Source Public
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