Properties

Los Angeles, CA 90043 743 W 77th

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Presented By: Ta Mara Jones with CALVARY REALTY INC;
  • MLS# CV25281839
  • 11/25/2025
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  • Baths • 1
  • SQFT • 3,700

Home Details

Calvary Realty is pleased to present a Section 8โ€“backed multifamily investment located at 743 W 77th St, Los Angeles, CA, within the Los Angelesโ€“Long Beachโ€“Anaheim MSA, the second-largest metropolitan area in the nation with a population of 12.9 million. The property is offered at $950,000, representing an existing cap rate of 5.38% and a price per square foot of $256.90, positioning it as an accessible entry point into a highly coveted Los Angeles submarket. Originally built in 1991, the asset sits on 0.16 acres and consists of a single two-story concrete building totaling 3,698 rentable square feet across four units. Current physical occupancy is 75%, with stable Section 8 income providing downs ide protection and the opportunity for rental upside through improved operations and lease-up. The property is strategically located near the intersection of S Hoover Street and W 77th Street, offering excellent accessibility just adjacent to Interstate 110, which carries a daily traffic count of approximately 14,011 vehicles. Its central location places it minutes from major demand drivers, including SoFi Stadium, Intuit Dome, LA Live, the Memorial Coliseum, BMO Stadium, 4 miles south of USC, and 10 miles east of LAX. With strong visibility, proximity to major employment and entertainment hubs, and long-term housing demand fundamentals, this offering represents a compelling opportunity to acquire a stabilized income-producing asset with upside potential in one of the most resilient rental markets in the country.
Presented By: Ta Mara Jones with CALVARY REALTY INC;

Interior Features for 743 W 77th

Other Interior Features

Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories2

Other Rooms

Entry Level1

General for 743 W 77th

Additional Parcels Y/NNo
AppliancesGas Oven
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights, Sidewalks
ContingencyNA
CoolingNone
CountyLos Angeles
DirectionsFrom 110 Fwy, Exit Florence Ave. Continue to S Hoover St.
ElectricStandard
Electric Expense
Entry LocationGate
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income78112
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense2800
Land Lease Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet6762
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense3600
Net Operating Income51211
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Open Parking Spaces6
Operating Expense26900.4
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Lot250
Taxes$11,400
Total Actual Rent6501
Trash Expense2700
UtilitiesElectricity Connected, Water Connected
Water Sewer Expense2700
Year Built1991
Year Built SourceAssessor

Exterior for 743 W 77th

Building Area Total3700
Lot Features0-1 Unit/Acre, Corner Lot
Lot Size Acres0.1552
Lot Size Area6762
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Private PoolNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $950,000
MLS#CV25281839
List Date 11/25/2025
Property Type Multi-Family
Phone 888.795.6274
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