820 W 76th St Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated payment $6,926/month
Total Views
192,780
5
Beds
4
Baths
2,527
Sq Ft
$475
Price per Sq Ft
Highlights
- Open Floorplan
- Fenced Yard
- Double Pane Windows
- Granite Countertops
- Front Porch
- Tankless Water Heater
About This Home
Back on the Market!! Prime Los Angeles Multi-Unit Investment Opportunity! High CAP Rate!! Don't miss this rare opportunity to own a well-maintained 4-unit property in a high-demand Los Angeles location. 3 units are currently occupied generating $6,850 with great tenants. One unit vacant and move in ready. Projected income at $9,100 per month. Situated on a large lot with ample parking, this property is ideal for investors seeking strong cash flow, long-term growth, and low-maintenance upgrades. Investment Highlights: Projected Rental Income: $9,100/month (based on Section 8 payment standards) Impressive CAP Rate: 7.28% a standout return in today's market. One Vacant: Choose your tenant and maximize rent potential from day one Property Features: New roofs, windows, and stylishly renovated kitchens with quartz countertops. Front units feature private laundry hookups and a home-like feel Rear units offer shared laundry space for added convenience. Brand-new tankless water heaters in all units for energy efficiency. Complete electrical and plumbing upgrades: new wiring, service panels, and 100% PEX plumbing. Individually metered for electricity, reducing operating costs and increasing tenant accountability. This is an excellent opportunity to secure passive income in one of L.A.'s most competitive rental markets. Whether you're a seasoned investor or a first-time buyer looking for a turnkey property with high upside, this offering delivers. Act fast with one units vacant and full market potential ready to be tapped, this property won't last long!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,587
Year Built
- Built in 1914 | Remodeled
Lot Details
- 5,403 Sq Ft Lot
- North Facing Home
- Fenced Yard
- Back and Front Yard
Home Design
- Bungalow
- Raised Foundation
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 2,527 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Laminate Flooring
Kitchen
- Oven or Range
- Gas Cooktop
- Granite Countertops
- Corian Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Located Outside
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Driveway
Outdoor Features
- Front Porch
Utilities
- Heating Available
- Property is located within a water district
- Tankless Water Heater
- Sewer in Street
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 6020-010-011
Map
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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 | $3,587 | $650,000 | $530,000 | $120,000 |
| 2024 | $3,587 | $275,730 | $156,702 | $119,028 |
| 2023 | $3,525 | $270,325 | $153,630 | $116,695 |
| 2022 | $3,373 | $265,025 | $150,618 | $114,407 |
| 2021 | $3,322 | $259,829 | $147,665 | $112,164 |
| 2020 | $3,351 | $257,165 | $146,151 | $111,014 |
| 2019 | $3,227 | $252,124 | $143,286 | $108,838 |
| 2018 | $3,131 | $247,181 | $140,477 | $106,704 |
| 2016 | $2,983 | $237,584 | $135,023 | $102,561 |
| 2015 | $2,941 | $234,016 | $132,995 | $101,021 |
| 2014 | $2,971 | $229,433 | $130,390 | $99,043 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | For Sale | $1,200,000 | 0.0% | $475 / Sq Ft |
| 12/22/2024 12/22/24 | Pending | -- | -- | -- |
| 12/16/2024 12/16/24 | For Sale | $1,200,000 | +84.6% | $475 / Sq Ft |
| 07/02/2024 07/02/24 | Sold | $650,000 | -13.3% | $417 / Sq Ft |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | For Sale | $750,000 | -- | $481 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $650,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Gift Deed | -- | -- | |
| Grant Deed | $183,000 | Benefit Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | New Conventional | |
| Previous Owner | $412,000 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $357,000 | Negative Amortization | |
| Previous Owner | $143,000 | New Conventional | |
| Previous Owner | $24,000 | Stand Alone Second | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $146,400 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 24-464655
APN: 6020-010-011
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