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726 W 76th, Los Angeles, CA 90044

Property

726 W 76th, Los Angeles, CA 90044 Sold June 2026 CRMLS
$1,025,000Sold June 2026

Listing Agent: Antoinette Kegler (DRE #02221232) · Listing Office: Keller Williams Encino/Sherman Oaks · Contact: 818-475-3575 · Bought with: William Neri · Berkshire Hathaway HomeService · MLS #SR25267068 · Source: CRMLS

7,003 sqft
Lot Size
1925
Year Built
Property
Type
1
Stories
0
Garage
None
Cooling
NaturalGas, WallFurnace
Heating

About this property

PRICE IMPROVEMENT – SELLER READY TO REVIEW OFFERS 6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility. Projected double-digit stabilized returns (11%–14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions). Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets. This property offers multiple strategic paths: • Renovate and stabilize for long-term hold • Optimize rents to market levels • Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city) • Evaluate redevelopment potential and density expansion (buyer to verify with city) With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify) Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket. Buyer to independently verify all income, expenses, use options, and development potential.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$1,025,000
Sold June 2026 · listed $1,049,000, orig. $1,070,000, on market November 2025 · MLS #SR25267068 · Source: CRMLS
Listing Agent: Antoinette Kegler · Listing Office: Keller Williams Encino/Sherman Oaks · Contact: 818-475-3575 · Bought with: William Neri · Berkshire Hathaway HomeService
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