945 W 76th Street
Property Overview
945 W 76th Street presents an opportunity to acquire a five-unit multifamily property offering strong in-place cash flow, value-add potential, and owner-user flexibility in a rapidly evolving South Los Angeles neighborhood. The property consists of two upgraded units, two brand-new ADUs, and a detached single-family residence. Includes a projected 9.92% Cap Rate and 7.51 GRM after lease-up, and upside to a 12.62% Cap Rate and 6.21 GRM at market rates. Located just 0.7 miles from Evermont, a transformative mixed-use development featuring 180 affordable housing units, over 64,000 square feet of retail space, and new neighborhood amenities, the property is well positioned to benefit from continued neighborhood investment. It is also near the planned Vermont Transit Corridor, with convenient access to USC, Downtown Los Angeles, major employment centers, and the I-110 and I-105 Freeways. A 73 Walk Score, 63 Transit Score, and 64 Bike Score further support tenant demand and connectivity.
Home Details
- Property type
- Residential Income
- Year built
- 1921
- Living area
- 3,603 sq ft
- Lot size
- 5,600 sq ft
- Parking
- 4 spaces
- Days on market
- 0
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Parking
- None
Community, Schools & Utilities
Utilities
- Heating
- None
- Cooling
- WallWindowUnits
Location & Neighborhood
Frequently Asked Questions About 945 W 76th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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