$10,000 Closing Credit¹
#24455689, Jae Chang, Listing Office: Redpoint Realty
#25495183·
Listing Office: KW Advisors·
Listing Agent: Kelly Morgan·
Listing Office Phone: 310-482-2200
$10,000
closing credit¹
945 W 76th St Los Angeles, CA 90044
$1,398,000 List price
$10,000
Closing credit¹
10 beds
5 baths
3,603 sqft
0.1 acres
$388 / sqft
House
Property details
About 945 W 76th St
Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8% cap rate with a 7.99 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 10.17% cap rate and a 7.66 GRM upon optimization. Potential 12.78% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.00% *Cap Rate (Pro Forma): 10.17% *GRM (Current): 7.99 *GRM (Pro Forma): 7.66. ***contact us for more information***
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size3,603 sqft
Lot size0.1284 Acres
Year built1921
MLS #25495183
Summary
- MLS Number: 25495183
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (310) 482-2200
- Listing Agent: Kelly Morgan
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: 2/12/2025, 3:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,398,000
945 W 76th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 31, 2023 | Home Sold | $510,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $510,380 | $6,539 |
| 2023 | $90,664 | $1,507 |
| 2022 | $88,894 | $1,454 |
| 2021 | $87,160 | $1,421 |
| 2020 | $85,891 | $1,387 |
| 2019 | $84,208 | $1,302 |
| 2018 | $82,558 | $1,281 |
| 2017 | $80,941 | $1,281 |
History based on county public records data.
Nearby schools
4
Loren Miller Elementary School
Public District KG-6
0.2 mi
•830 W 77th St
4
Raymond Avenue Elementary
Public District KG-5
0.4 mi
•7511 Raymond Ave
3
Gerald A. Lawson Academy
Public District KG-6
0.5 mi
•929 W 69th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,543. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
35%
<35k
55%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 945 W 76th St
This home is located at 945 W 76th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 3,603 square foot home, which was built in 1921, sits on a 0.13 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,398,000.
In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.