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$675,000   Price Analysis
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940 W 76th St
Los Angeles, CA 90044
4 bed 4 bath 2,193 SqFt ($307/SqFt)
5,400SqFt lot. Built 1921
Listed 2024-02-14, Taxes $3,885
Ⓧ USDA Ineligible
due to location

near Los Angeles

Price Reduced $50

000! We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 940 W. 76th St. This chrming building is located in a rapidly gentrifying area and was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 2, 193 on a 5, 872-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations and is comprised of a unit mix, consisting of four (4) 1-bedroom+ 1-bathroom units, as well as four (4) on-site garage parking spaces and is individually metered for gas and electricity.

The subject property is 100% occupied and all tenants are current with rental payments. Ideally situated within close proximity to the 110 freeway, this apartment building offers convenient access to DTLA, USC, LA Coliseum and Sofi Stadium.


Presented by Adam Shamooelian at
Keller Williams Beverly Hills.


Property MLS #24-358273 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Garage Spaces: 4
Garage Description: Garage - 4+ Car
Parking Total: 4

Lot Size Acres: 0.1239669
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5400

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2150, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2150, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2150, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2150

Source Listing Status: Active
County: Los Angeles
Directions: 940 W. 76th Street, Los Angeles CA 90044
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6020-009-008
Postal Code Plus 4: 5123
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$151,940 + $145,477
$297,417
$3,885
2021$148,961 + $142,625
$291,586
$3,826
2020$147,434 + $141,163
$288,597
$3,860
2019$144,544 + $138,396
$282,940
$3,719
2018$141,710 + $135,683
$277,393
$3,640
2017$138,932 + $133,023
$271,955
$3,567
2016$136,208 + $130,415
$266,623
$3,467
2015$134,163 + $128,457
$262,620
$3,420
2014$131,535 + $125,941
$257,476
$3,459
2013$130,941 + $125,372
$256,313
$3,453
2012$128,374 + $122,914
$251,288
$3,498
2010$125,857 + $120,504
$246,361
$3,440
2009$125,214 + $119,889
$245,103
$3,315
2009$124,917 + $119,604
$244,521
$3,315
2008$122,759 + $117,539
$240,298
$3,183
2007$120,352 + $115,235
$235,587
$3,076

Price Changed 2024-03-12
$675,000
TheMLSCLAW
Listed 2024-02-14
$725,000
TheMLSCLAW
Sold 1990-11-21
$175,000
Public Record
Sold 1988-01-15
$137,000
Public Record
Sold 1985-05-28
$102,000
Public Record

Net Operating Income: 24488

Total Square Feet Living: 2193
Year Built: 1921
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 103
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Loren Miller Elementary School is a public elementary school located approximately 0.1 miles away.
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Mary Mcleod Bethune Middle School is a public middle school located approximately 1 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.5 miles away.
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Frederick K.C. Price III School is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.