743 W 77th, Los Angeles, CA 90043
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
743 W 77th,Los Angeles, CA 90043
$950,000
- - Beds
- - Baths
- 3,700 sq. ft.
- Multi-family
- Active
Listed by: ta mara jones
Office: calvary realty inc
MLS#:CRCV25281839
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$256.76
About this home
Calvary Realty is pleased to present a Section 8–backed multifamily investment located at 7620 Hoover Street, Los Angeles, CA, within the Los Angeles–Long Beach–Anaheim MSA, the second-largest metropolitan area in the nation with a population of 12.9 million. The property is offered at $950,000, representing an existing cap rate of 5.38% and a price per square foot of $256.90, positioning it as an accessible entry point into a highly coveted Los Angeles submarket. Originally built in 1991, the asset sits on 0.16 acres and consists of a single two-story concrete building totaling 3,698 rentable square feet across four units. Current physical occupancy is 75%, with stable Section 8 income providing downs ide protection and the opportunity for rental upside through improved operations and lease-up. The property is strategically located near the intersection of S Hoover Street and W 77th Street, offering excellent accessibility just adjacent to Interstate 110, which carries a daily traffic count of approximately 14,011 vehicles. Its central location places it minutes from major demand drivers, including SoFi Stadium, Intuit Dome, LA Live, the Memorial Coliseum, BMO Stadium, 4 miles south of USC, and 10 miles east of LAX. With strong visibility, proximity to major employment and
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Home facts
- Year built:1991
- Listing ID #:CRCV25281839
- Added:1 day(s) ago
- Updated:February 27, 2026 at 04:19 AM
Rooms and interior
- Flooring:Laminate
- Living area:3,700 sq. ft.
Heating and cooling
- Cooling:No Air Conditioning
- Heating:Wall Furnace
Structure and exterior
- Year built:1991
- Building area:3,700 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Corner Lot
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$256.76
Features and amenities
- Laundry features:Gas Dryer Hookups
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