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Backup Offers

725 W 77th St, Los Angeles, CA, 90044

$1,080,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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725 W 77th St, Los Angeles$1,080,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built1928
MLS #SR24081976
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 725 W 77th St

Vinco Vinco Realty Group (VVRG) is pleased to present 725 W 77th Street, a 9-unit investment property with substantial value-add potential. Perfectly situated in the vibrant heart of South Los Angeles, near Exposition Park and Inglewood, this property comprises eight studios and one two-bedroom unit. Additionally, a two-car garage at the rear of the property presents a unique opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing its value. Upon stabilizing at market rent levels, this asset can achieve a CAP Rate exceeding 10%. The building spans 3,398 square feet and sits on a 7,000-square-foot lot. Located in the highly sought-after Vermont Knolls area, this property is an exceptional investment opportunity, ideally situated near Downtown Los Angeles, USC/Exposition Park, and the rapidly developing city of Inglewood. Home to major attractions such as SoFi Stadium, Kia Forum, and Exposition Park, and close to employment hubs like Los Angeles International Airport and West LA, it appeals to a diverse range of renters. Benefitting from convenient access to key freeways including I-10, I-110, US-101, and I-5, as well as public transportation options, the property offers seamless connectivity across Los Angeles. Its strategic location, combined with cultural vibrancy and proximity to entertainment and employment centers, makes it a compelling choice for investors and residents aiming to capitalize on the area’s growth potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1928
  • Stories: 1

Listing Office:

  • Office Name: Vinco Vinco Realty & Investments Inc
  • Office Phone: (323) 481-8517
  • Listing Agent: Christopher Martinez Diaz

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: West of Hoover Along 77th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,080,000

Tax Information:

  • Annual Amount: $10,366
  • 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

725 W 77th St vs Los Angeles

210 DAYS ON ROCKET

+172 Days

$1,080,000

+$56.5K More

KEY TAKEAWAY

This property is $56.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24081976

Listing Office:

  • Office Name: Vinco Vinco Realty & Investments Inc
  • Office Phone: (323) 481-8517
  • Listing Agent: Christopher Martinez Diaz

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: 11/21/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2007Home Sold
$645,000
Aug 15, 2005Home Sold
$620,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,366$798,344
2020$10,077$790,159
2019$9,940$774,667
2018$9,695$759,479
2017$9,695$744,588

History based on county public records data.

Payment Calculator

$5,458

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,304

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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-322597
4
/10

  • Loren Miller Elementary School

  • 830 W 77th St

  • 0.12 miles

  • Public District Grades KG-6

school-card-donut-322598
6
/10

  • Gil Garcetti Learning Academy

  • 612 W 68th St

  • 0.57 miles

  • Public District Grades KG-6

school-card-donut-322599
3
/10

  • Gerald A. Lawson Academy

  • 929 W 69th St

  • 0.59 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 $24,074. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 W 77th St

What is the listing price of this property?

The listing price of 725 W 77th St property is $1,080,000.

What type of property is this?

The property 725 W 77th St is a condo located in Los Angeles, California, 90044.

Is this property for sale now?

Accepting Backup Offers: 725 W 77th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,366 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2007 for $645,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 W 77th St is 1928.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›725 W 77th St

This home is located at 725 W 77th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This home, which was built in 1928, sits on a 0.16 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,080,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

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