636 W 76th Street, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
636 W 76th Street,Los Angeles, CA 90044
$3,195,000
  • 24 Beds
  • 19 Baths
  • 8,968 sq. ft.
  • Multi-family
  • Active
Listed by: cesar leyva
Office: beverly & company luxury properties323-410-0848
MLS#:26986021
Source:CRMLS

Price summary

  • Price:$3,195,000
  • Price per sq. ft.:$356.27

About this home

Brand-New 2026 Construction | 5 Year Fully Master-Leased | 8.47% Cap Rate | Non-RSO, No Rent Control. A rare turnkey opportunity at 636 & 634 W. 76th Street: two newly constructed (2026) apartment buildings totaling 5 units, 24 bedrooms, and 8,968 SF on a large 7.000 +/- sqft parcel, offered at $3,195,000 (8.47% cap rate, 11.10 GRM). The entire property operates under a single master lease generating $287,760 in annual gross income, with an in-place master lease with contractual annual rent escalations of 5% (3% minimum floor.) Landlord responsibility limited to just two line items: property tax and insurance. No leasing, no tenant screening, no maintenance calls, no vacancy risk to manage. Ideal for 1031 Exchange Buyers: A fully stabilized, income-documented replacement property that lets exchangers close with confidence and skip the lease-up uncertainty that complicates so many 1031 acquisitions. Built for Cost Segregation Strategies: As ground-up 2026 construction, the...

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Home facts

  • Year built:2026
  • Listing ID #:26986021
  • Added:59 day(s) ago
  • Updated:November 08, 2026 at 12:29 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:19
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Disposal, Microwave
  • Living area:8,968 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:8,968 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Modern
  • Construction Materials:Stucco

Utilities

  • Water:Public
  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$3,195,000
  • Price per sq. ft.:$356.27

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Inside, Washer
  • Amenities:Carbon Monoxide (CO2) Detector, Open Floor Plan, Recessed Lighting

Parking

  • Total parking spaces:10
  • Parking description:Assigned, Covered, Door-Single, Electric Gate, Garage
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