$ 849,000
-
$849,000
Price -
7
Bed -
4
Bath -
2,415
SqFt
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About the Listing OC07858 - OCWOLDSAM
Three units on a gated large corner lot. One vacant and move-in ready. Two occupied and generating $4,307.79 per month. This is the kind of property that works for almost any buyer. The front unit is a fully remodeled 3 bed / 2 bath spanning 1,248 sq ft with hardwood floors, quartz countertops, stainless steel appliances, upgraded windows, and remodeled bathrooms throughout. It is currently vacant and will be delivered vacant at close of escrow, giving a new owner the option to occupy the front home while the two rear units offset the mortgage, or lease it at market rate projected at $3,200 per month. All three units are fully detached, each with their own private entrance, offering tenants a level of privacy that is uncommon at this price point. The two rear units are both occupied on month to month tenancies. The middle unit is a 2 bed / 1 bath generating $2157.79 per month and the ADU, a fully permitted 2 bed / 1 bath constructed in 2021, is generating $2,150 per month. Combined in place income on the two rear units is $4,307.79 per month. Tenants pay all utilities with the exception of water. At full occupancy the property projects $8,200 per month across 2,415 sq ft of total building area. The property is LAR3 zoned, well maintained, and positioned minutes from Downtown LA, USC, and major freeways. Whether you are an owner occupant, a seasoned investor, or a 1031 exchange buyer, the in place income, the vacant front unit, and the underlying zoning make this one of the more compelling three unit opportunities available in South Los Angeles today. First Showings to be May 2nd 2026.
Listing Highlights
Status
Active With Contingency
Days on Site
41
Property Type
Multi-Family
MLS ®
OC26086627
Year Built
1923
Total Square Footage
2,415
Lot/Acreage
0.14
County
Los Angeles
Area
C23 - Metropolitan
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Corner Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6020034013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
431 W 78th Los Angeles, CA 90003
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