725 W 77Th Street

Los Angeles, CA 90044

$1,080,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

1928

calendar_month Built

Property 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.

Listing Information

List Price $1,080,000
Status Active Under Contract
MLS SR24081976
Type Residential Income
Subtype Apartment
Year Built 1928
Lot Size 7,000
Structure Size N/A
DOM 177
Courtesy Of Vinco Vinco Realty & Investments Inc
Listing Agent Christopher Martinez Diaz DRE#01917060

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Christopher Martinez Diaz, Vinco Vinco Realty & Investments Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.