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.
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.
Property Details
Price:
$1,080,000
MLS #:
SR24081976
Status:
Active Under Contract
Baths:
0
Address:
725 W 77th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Apr 23, 2024
State:
CA
ZIP:
90044
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1928
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Fencing
Wrought Iron
Garage Spaces
2.00
Lot Features
6-10 Units/ Acre
Parking Spots
2.00
Pool Features
None
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address725 W 77th Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Similar Listings Nearby
- 8412 Byrd Avenue
Inglewood, CA$1,400,000
2.01 miles away
- 4600 S Central Avenue
Los Angeles, CA$1,400,000
2.80 miles away
- 2628 Van Buren Place
Los Angeles, CA$1,400,000
4.30 miles away
- 1901 W Martin Luther King Jr Boulevard
Los Angeles, CA$1,400,000
3.23 miles away
- 2917 Kenwood Avenue
Los Angeles, CA$1,399,999
4.11 miles away
- 6313 S Victoria Avenue
Los Angeles, CA$1,399,000
2.79 miles away
- 1535 W 28th Street
Los Angeles, CA$1,399,000
4.16 miles away
- 8919 Hooper Avenue
Los Angeles, CA$1,399,000
2.11 miles away
- 5435 West Boulevard
Los Angeles, CA$1,399,000
3.21 miles away
- 113 Davis Drive
Inglewood, CA$1,395,000
3.96 miles away
Courtesy of Vinco Vinco Realty & Investments Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
725 W 77th Street
Los Angeles, CA
LIGHTBOX-IMAGES