$850,000
Los Angeles, CA 90003
4
Beds
4
Baths
2,257
Sq. Ft.
1925
Year Built
Los Angeles
County
ResidentialIncome
Property Type
We are pleased to offer for sale 150 West 76th Street, a four-unit apartment community located in the Florence neighborhood of Los Angeles, just west of Main Street between Florence Avenue and Manchester Avenue.Built in 1925, the property comprises 2,257 square feet of improvements across two single-story buildings on a 6,300-square-foot parcel, with a unit mix of two studios and two two-bedroom units and four on-site parking spaces. The property is currently achieving more than $8,600 in scheduled rent per month, and the offering is priced at a 9.19% scheduled cap rate and an 8.22 GRM, both stronger than the recent comparable sales in the surrounding submarket.With a Walk Score of 73, the property sits within a quarter mile of the 45 Metro local line and the Vermont/Main DASH. The 110 Freeway runs about half a mile west, with interchanges at Florence Avenue and Manchester Avenue, placing Downtown Los Angeles about seven miles north and the 105 interchange about three miles south for direct access to LAX and the South Bay.150 West 76th Street offers investors an opportunity to acquire an asset with strong in-place income in South Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
$4,524/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
