1201 E 78th Street, Los Angeles, CA 90001
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1201 E 78th Street,Los Angeles, CA 90001
$1,185,000
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jose vasquez-tafur
Office: jwillian realty
MLS#:IG26152988
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,185,000
About this home
VACANT, VACANT, VACANT Exceptional Value-Add Opportunity! 3 Residential Units, Studio & Oversized Garage with ADU Conversion Potential | No Rent Control (Please check with the City). An exceptional opportunity for investors and owner-occupants alike! The spacious front 3-bedroom, 1-bath unit will be delivered vacant at the close of escrow, offering the perfect opportunity to owner-occupy, while rental income from the remaining units helps significantly reduce your monthly housing expenses. This versatile income-producing property features an outstanding unit mix, including a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, plus a studio with a full bathroom. The oversized garage offers excellent ADU conversion potential (Buyer to verify with the City), creating an outstanding value-add opportunity with the potential to generate additional rental income and further enhance the property's value. The property also features a large private parking area, providing ample off-street parking for residents, guests, and additional vehicles. One of the property's most valuable features is that it is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (Rent Control), providing greater flexibility for future rental management, rental adjustments, and long-term investment growth. Whether you're an experienced investor looking to maximize cash flow or a first-time homebuyer ready to build wealth through owner-occupancy, this property offers multiple income streams, exceptional upside potential, and outstanding long-term value. Properties offering...
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Home facts
- Listing ID #:IG26152988
- Added:22 day(s) ago
- Updated:August 07, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$1,185,000
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