645 E 78th, Los Angeles, CA 90001

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
OC26167009
Year Built
2016
Lot Size
5,099
Acres
0.12
Lot Location
Level, Rectangular Lot
Days on Market
1
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

Turnkey 2016-Built Duplex, Spacious Townhome-Style Units with Strong Rental Upside Discover an outstanding investment opportunity with this newer construction duplex in the heart of South Los Angeles. Built in 2016, this turnkey property features two spacious 4-bedroom, 3-bathroom townhome-style residences totaling 3,520 square feet, offering an ideal combination of modern construction, stable income, and long-term appreciation potential. Designed with today's tenants in mind, each residence offers an expansive two-story floor plan with oversized bedrooms, open-concept living spaces, modern kitchens featuring granite countertops and stainless steel appliances, updated bathrooms, stylish flooring, and contemporary finishes throughout. With no deferred maintenance, this is a true turnkey investment ready to generate income from day one. The property is fully leased with reliable in-place rental income while still offering meaningful upside. Comparable renovated properties in the area command substantially higher rents, creating an excellent opportunity to increase future cash flow as leases turn over. Investors can benefit from rental upside while owning a newer-vintage asset in a market where quality multifamily inventory is in high demand. Additional features include a detached three-car garage, driveway parking, and ample off-street parking, providing added convenience and value for residents. The property's spacious layouts and parking amenities make it especially attractive to families seeking larger rental homes. Conveniently located near Downtown Los Angeles, USC, SoFi Stadium, LAX, and the I-110 and I-105 freeways, this central location provides tenants with easy access to major employment centers, transportation corridors, and entertainment destinations, supporting strong long-term rental demand. Whether you're looking to expand your portfolio with a low-maintenance asset or secure a high-quality duplex with immediate cash flow and future rental growth, 645 E. 78th Street presents a rare opportunity to acquire a modern multifamily property in one of Los Angeles' strongest rental markets.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$82,897
Operating Expense
11812
Garage Spaces
3
Levels
Two
Parking Spaces
4

Listing courtesy of Listing Agent: Christopher Audish (Chris.Audish@HCMRealEstate.com) from Listing Office: HCM Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.