523 W 76th Street Los Angeles, CA ^$ 690,000

523 W 76th Street

^$ 690,000

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523 W 76th Street

Los Angeles, CA, 90044

^$ 690,000

Bedrooms5 Baths2.0 Sq 2,123

Monthly Estimate*

^$ 4,586

Listed by eXp Realty of California Inc

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523 W 76th Street, Los Angeles, CA 90044 - Image 10

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523 W 76th Street, Los Angeles, CA 90044 - Image 12

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Multi-Family Home for sale in Los Angeles, CA

for $690,000 with 5 bedrooms and 2 full baths. This 2,123 square foot home was built in 1922 on a lot size of 0.1584.

Seize this unique opportunity with a property that's RTI (Ready To Issue) permitted and poised for transformation. Currently a duplex, it comes with approved plans to convert into a 5-unit residential complex. This project represents a significant value add, increasing from a duplex to a total of five units. The total proposed square footage for this new development is a substantial 7,730 square feet! Utilize the favorable LAR3 zoning and TOC program in place.

Multi-Family Active

Price

^$ 690,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1584

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24006464

Days on Market

127

Features

General

Sewer PublicSewer

Cooling None

Garage Spaces 0.0

Pool Features None

Year Built 1922

Tenant Pays Electricity Gas

Property SubType Duplex

Gross Income 0.0

Community Features Sidewalks

Accessibility Parking

County Los Angeles

Net Operating Income 32726.0

Operating Expense 14026.0

Insurance Expense 1200.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Buyer to cooperate with Sellers 1031 exchange no cost to the Buyer.

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions S Figueroa and W 76th St

City Los Angeles

Disclosures RentControl

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 4.0

Total Units 2

MLS Area C36 - Metropolitan Southwest

Lot Size Square Feet 6899.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Street Name 76th Street

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 600.0

Water Sewer Expense 1200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 118

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 180

Property Sub Type Additional Duplex

Taxes 10312.0

Cap Rate 4.0

Exterior

Parking Features Driveway

Lot Features BackYard FrontYard NearPublicTransit

Water Source Public

Total Parking 4.0

Lot Size Area 6899.0

Number of Buildings 2

Spa N

Building Area Total 2123.0

Lot Size Acres 0.1584

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 523

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(562) 263-7983

Phone

Affordability Calculator

$4,586

Per Month

Monthly Principal & Interest: $4,586
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,985,541

Percent of Sale Price 188%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$690,000	-8.00%	Price Down
3/20/2024	$750,000	-9.09%	Price Down
1/17/2024	$825,000		Listed Price

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523 W 76th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $690,000 with 2,123 sqft and a lot size of 0.1584. 523 W 76th Street has 5 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 90044 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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523 W 76th Street

Multi-Family Home for sale in Los Angeles, CA

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