726 W 76th St Los Angeles, CA 90044
Vermont Knolls NeighborhoodHighlights
- Gated Parking
- Lawn
- Double Door Entry
- Property is near public transit
- No HOA
- Jalousie or louvered window
About This Home
PRICE IMPROVEMENT – SELLER READY TO REVIEW OFFERS 6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility. Projected double-digit stabilized returns (11%–14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions). Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets. This property offers multiple strategic paths: • Renovate and stabilize for long-term hold
• Optimize rents to market levels
• Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city)
• Evaluate redevelopment potential and density expansion (buyer to verify with city) With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify) Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket. Buyer to independently verify all income, expenses, use options, and development potential.
Listing Agent
Keller Williams Encino/Sherman Oaks License #02221232 Listed on: 11/26/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 7,003 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Wrought Iron Fence
- New Fence
- Paved or Partially Paved Lot
- Level Lot
- Front Yard Sprinklers
- Lawn
- Density is 6-10 Units/Acre
Home Design
- Bungalow
- Property Attached
- Entry on the 1st floor
- Flat Roof Shape
- Combination Foundation
- Composition Roof
- Plaster
- Stucco
Interior Spaces
- 2,864 Sq Ft Home
- 1-Story Property
- Circulating Fireplace
- Fireplace With Gas Starter
- Jalousie or louvered window
- Blinds
- Double Door Entry
- Living Room
- Carpet
- Ceramic Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Jack-and-Jill Bathroom
- 6 Bathrooms
Home Security
- Window Bars
- Fire and Smoke Detector
Parking
- Parking Available
- Side by Side Parking
- Gated Parking
- Paved Parking
- Assigned Parking
Accessible Home Design
- Low Pile Carpeting
- Accessible Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
- Satellite Dish
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 204
- Tax Tract Number 2377
- Assessor Parcel Number 6020019004
- $907 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 6 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Gardener Expense $1,200
- Insurance Expense $1,100
- Water Sewer Expense $700
- Operating Expense $3,000
- Gross Income $45,000
- Net Operating Income $45,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,882 | $253,303 | $131,343 | $121,960 |
| 2024 | $3,882 | $248,337 | $128,768 | $119,569 |
| 2023 | $3,827 | $243,469 | $126,244 | $117,225 |
| 2022 | $3,686 | $238,696 | $123,769 | $114,927 |
| 2021 | $3,630 | $234,017 | $121,343 | $112,674 |
| 2019 | $3,544 | $227,078 | $117,745 | $109,333 |
| 2018 | $3,448 | $222,627 | $115,437 | $107,190 |
| 2016 | $3,247 | $213,984 | $110,955 | $103,029 |
| 2015 | $3,209 | $210,771 | $109,289 | $101,482 |
| 2014 | $3,262 | $206,644 | $107,149 | $99,495 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | Price Changed | $1,049,000 | -2.0% | $366 / Sq Ft |
| 11/26/2025 11/26/25 | For Sale | $1,070,000 | -- | $374 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25267068
APN: 6020-019-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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