632 E 78th Street Los Angeles, CA $ 500,000
632 E 78th Street
$ 500,000
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632 E 78th Street

Los Angeles, CA, 90001
$ 500,000
Bedrooms4 Baths1.0 Sq 1,632

Monthly Estimate*

$ 3,157

Listed by Compass
632 E 78th Street, Los Angeles, CA 90001 - Image 1
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632 E 78th Street, Los Angeles, CA 90001 - Image 13
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Multi-Family Home for sale in Los Angeles, CA

for $500,000 with 4 bedrooms and 1 full bath. This 1,632 square foot home was built in 1960 on a lot size of 0.1368.

Excellent opportunity to purchase TWO detached homes on one lot on a nice, tree lined street for the price of one home! The front home (Unit # 632) provides appx 936 SF of living space and is configured as a 3Br+2Ba, and the rear home (Unit #630) offers appx 696 SF and is configured as a 2Br+1Ba. The property also includes a detached rear garage with alley access, and a permitted storage room attached to the garage that is a total of 640 SF (per permits). This could be a potential ADU conversion (Buyer to investigate). There is also open parking between each structure. Both homes are tenant occupied, and the property is subject to City of LA Rent Control (LA RSO). PROPERTY TO BE SOLD WITH TENANTS. Current rental income is over $3,000/mo, with room to double that when the units eventually turn over. Conveniently located just one block from John C. Fremont High School and McKinley Ave Elementary School, the property sits between Florence Ave and Manchester Ave, providing easy access to a variety of popular neighborhood dining destinations, markets, and everyday conveniences. With separate homes, rear alley access, and future value-add potential, this property offers an attractive opportunity for investors seeking both immediate cash flow and long-term upside. **Property is part of a larger 32-parcel portfolio sale of tenant occupied SFRs and Multifamily properties** Call Listing Agent #1 for more info**Portfolio sale can be purchased separately, or in bulk, more listings coming soon**

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Multi-Family Active

Price

$ 500,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1368

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26856133

Days on Market

3

Features
General
Living Area 1632
Sewer Sewer Tap Paid
Heating Wall Furnace
Roof Composition
Zoning LAR2
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Spanish
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Window Bars
Construction Materials Stucco
Year Built 1960
Tenant Pays Electricity Gas Trash Collection
View None
Stories Count 1
Levels One
Gross Income 36983
Accessibility None
County Los Angeles
Net Operating Income 23532
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction North
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Head North on S Avalon Blvd. Make a right onto E 78th St and the subject property is on your right.
City Los Angeles
Disclosures Rent Control
Entry Location Ground Level w/steps
Senior Community Y/N false
Number Of Units Total 2
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5957
Number of Units Leased 2
Spa Features None
Property Attached Y/N false
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 4.71
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Laminate Tile
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Window Features Screens
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Kitchen
Total Bedrooms 4
Total Baths 2
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Exterior
Parking Features Assigned Door-Multi Driveway Garage
Total Parking 6
Lot Size Area 5957
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 1632
Lot Size Acres 0.1368
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Compass

Broker

dana@incomepropertiesla.com

Email

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$3,157
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$3,157
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$500,000 Listed Price

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632 E 78th Street, Los Angeles, CA, 90001 is a Multi-Family Home for sale at $500,000 with 1,632 sqft and a lot size of 0.1368. 632 E 78th Street has 4 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 90001 which is in Los Angeles, CA