945 W 76th St, Los Angeles, CA 90044

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ResidentialIncome Active

945 W 76th St

$1,198,000

Overview

Property ID: HZPW25216647

MixedUse
Property Type

0
Garage

1921
Year Built

Description

Exceptional 5-unit multifamily investment offering strong returns and clear upside. 945 W 76th St includes two brand-new ADUs, two fully rehabbed units, and one stand-alone detached unit. Four units are currently leased, and the final unit is scheduled to be occupied on October 1 at $2,695. Current gross income supports a cap rate of about 6.8% at the $1,198,000 list price. With all five units stabilized, projected gross income is roughly $140,000 annually, raising the pro-forma cap rate to approximately 8.8%. Each unit features modern updates and separate meters, and recent construction provides years of low-maintenance ownership. Located near USC, SoFi Stadium, and major freeways, this turnkey property is ideal for investors seeking immediate cash flow, 1031 exchange opportunities, and long-term appreciation.