$3,195,000
NEW CONSTRUCTION

Estimated payment $18,190/month

24 Beds
19 Baths
8,968 Sq Ft
$356 Price per Sq Ft

Highlights

  • New Construction
  • Modern Architecture
  • Balcony
  • Open Floorplan
  • Quartz Countertops
  • 4-minute walk to 76th Street Pocket Park

About This Home

Brand-New 2026 Construction | 3 Year Fully Master-Leased | 8.47% Cap Rate | Non-RSO, No Rent Control. A rare turnkey opportunity at 636 & 634 W. 76th Street: two newly constructed (2026) apartment buildings totaling 5 units, 24 bedrooms, and 8,968 SF on a large 7.000 +/- sqft parcel, offered at $3,195,000 (8.47% cap rate, 11.10 GRM). The entire property operates under a single master lease generating $287,760 in annual gross income, with landlord responsibility limited to just two line items: property tax and insurance. No leasing, no tenant screening, no maintenance calls, no vacancy risk to manage. Ideal for 1031 Exchange Buyers: A fully stabilized, income-documented replacement property that lets exchangers close with confidence and skip the lease-up uncertainty that complicates so many 1031 acquisitions. Built for Cost Segregation Strategies: As ground-up 2026 construction, the property offers a high depreciable basis relative to land value and all-new building components the kind of asset profile investors and their CPAs look for when structuring a cost segregation study to accelerate depreciation and offset tax liability. (Buyers should consult their tax advisor to confirm applicability to their situation.) Built for the Passive Investor: For physicians, attorneys, business owners, and other high-earning professionals who want real estate exposure without a second job, this master-leased structure delivers one monthly deposit and one point of contact, not five separate tenancies to manage. Buildings are townhome-style and have separately metered utilities. Zoned [Q]R3-1 in Council District 8, minutes from the I-110 and I-105, and close to USC, Downtown LA, and the SoFi Stadium/Hollywood Park employment corridors. NFPA-13D fire sprinklers, rooftop solar, and gated private parking throughout. This is new construction with the passive income profile investors spend years trying to find.

Listing Agent

Cesar Leyva

Beverly & Company Luxury Properties License #01490664 Listed on: 09/09/2026

Beverly & Company Luxury Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 7,001 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Fenced

Home Design

  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 8,968 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Vertical Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 19 Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 1 Car Attached Garage
  • Auto Driveway Gate
  • Assigned Parking

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6020-019-010

Property Details

Home Type

Multi-Family

Year Built

Built in 2026 | New Construction

Lot Details

7,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 8968
  • Lot Acreage: 0.1607
  • Lot Dimensions: 50x140
  • Probate: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2026
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Turnkey, Recessed Lighting, Laundry - Closet Stacked, Open Floor Plan
  • Number Dishwasher: 5
  • Number Disposal: 5
  • Flooring: Laminate, Linoleum
  • Appliances: Free Standing Electric, Microwave
  • Bedrooms: 24
  • Common Walls: Attached
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Low Flow Shower(s), Tile
  • Kitchen Features: Quartz Counters
  • Laundry: In Closet, In Unit, Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 19.00
  • Equipment: Dishwasher, Dryer, Microwave, Hood Fan, Washer, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 356.27
  • Windows: Double Pane Windows, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Number Patio: 0
  • Patio: Balcony
  • Pool: No
  • Roof: Flat
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Assigned, Auto Driveway Gate, Covered Parking, Garage - 1 Car, Driveway Gate, Garage Is Attached
  • Total Parking: 10

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Number Water Meters: 5
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 10556.00

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 108201
  • Assessed Land Percent: 80
  • Assessed Land Value: 432806
  • Total Assessed Value: 541007
  • Assessor Parcel Number: 6020-019-010
  • Lot Description: Automatic Gate, Exterior Security Lights, Fenced, Gutters
  • Lot Size Area: 7001

Rental Info

  • Number Leased: 5
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 5
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 6744.00
  • Tax Rate Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,744 $541,007 $432,806 $108,201
2024 $6,661 $530,400 $424,320 $106,080
2023 $604 $32,217 $22,352 $9,865
2022 $588 $31,586 $21,914 $9,672
2021 $574 $30,968 $21,485 $9,483
2019 $561 $30,051 $20,849 $9,202
2018 $463 $29,463 $20,441 $9,022
2016 $435 $28,322 $19,649 $8,673
2015 $431 $27,897 $19,354 $8,543
2014 $443 $27,351 $18,975 $8,376
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2026 09/09/26 For Sale $3,195,000 -- $356 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $520,000 Pct
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Previous Owner $435,000 Construction
Previous Owner $206,000 Unknown
Previous Owner $206,000 New Conventional
Source: Public Records

About the Listing Agent

Cesar Leyva

Beverly & Company Luxury Properties

(866) 331-3833

Section Image

Cesar brings over 20 years of experience to the Real Estate industry, with over $ 100 million in sales. Adding to his impressive background is a wealth of experience in the Luxury and Default markets and the mortgage industry. Cesar’s passion for Real Estate continues with expansive knowledge in construction & building, appraising, design, and architecture, leading him to specialize in working with investor and seller clients.

His impeccable skills as an acquisition analyst and

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Source: The MLS

MLS Number: 26986021

The MLS

APN: 6020-019-010

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