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1212 E 76th Pl, Los Angeles, CA, 90001

$1,075,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
4,650 SqFt
$231/SqFt
House

Location

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1212 E 76th Pl, Los Angeles$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1926
MLS #24445213
Lot Size0.12 Acres
StatusActive

About 1212 E 76th Pl

We are pleased to present the opportunity to acquire 1212 E 76th Place, an 8-unit multifamily property located in the Florence-Firestone neighborhood of unincorporated South Los Angeles. Built in 1926, this two-story building offers 4,650 square feet and occupies a 5,431 square-foot lot. The property comprises (8) 1 Bedroom-1 Bathroom units and will be delivered with (2) vacant units. Each unit is equipped with individual water heaters and is separately metered for gas and electricity allowing for the ability to control utility costs. The average rent for the (6) occupied units is $1,083 per unit and offers a potential investor with approximately 64% upside in rental income. Buyers are encouraged to verify all building records and data for accuracy. Located south of E. Florence Avenue and east of S. Central Avenue, the subject property is centrally located in the heart of South Los Angeles and is a short distance from the 110 and 105 Freeways, providing access throughout all Greater Los Angeles. Tenants can also access multiple bus stops along S. Central Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 2
  • Living Area: 4,650 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Drive north on S Central Avenue and turn right onto E 76th Place. The subject property is located in between S Central Avenue and Hooper Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $12,575
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1212 E 76th Pl vs Los Angeles

51 DAYS ON ROCKET

+13 Days

$1,075,000

+$51.5K More

$231/SqFt

-$410 Less

KEY TAKEAWAY

This property is $51.5K more than the Median Sold Price and $410/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24445213

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$12,575$756,125
2020$12,260$748,373
2019$12,087$733,700
2018$4,076$719,315
2017$4,076$42,834

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-425290
6
/10

  • Parmelee Elementary

  • 1338 E 76th Pl

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-425291
4
/10

  • Wisdom Elementary School

  • 1125 E 74th St

  • 0.24 miles

  • Public District Grades PK-6

school-card-donut-425292
3
/10

  • McKinley Avenue Elementary School

  • 7812 McKinley Ave

  • 0.42 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,080. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1212 E 76th Pl

What is the listing price of this property?

The listing price of 1212 E 76th Pl property is $1,075,000.

What type of property is this?

The property 1212 E 76th Pl is a house located in Los Angeles, California, 90001.

Is this property for sale now?

Active Listing: 1212 E 76th Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,575 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1212 E 76th Pl has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 1212 E 76th Pl is 4,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1212 E 76th Pl is 1926.

Rocket Homes›California›Los Angeles County›Los Angeles›90001›1212 E 76th Pl

This home is located at 1212 E 76th Pl in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 4,650 square foot home, which was built in 1926, sits on a 0.12 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,075,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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