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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26167009
HOA Y/N No
Year Built 2016
Lot Size 5,100 Sqft
Property Sub-Type Duplex
Property Description
Discover an outstanding investment opportunity with this newer construction duplex in the heart of South Los Angeles. Built in 2016, this turnkey property features two spacious 4-bedroom, 3-bathroom townhome-style residences totaling 3,520 square feet, offering an ideal combination of modern construction, stable income, and long-term appreciation potential.
Designed with today's tenants in mind, each residence offers an expansive two-story floor plan with oversized bedrooms, open-concept living spaces, modern kitchens featuring granite countertops and stainless steel appliances, updated bathrooms, stylish flooring, and contemporary finishes throughout. With no deferred maintenance, this is a true turnkey investment ready to generate income from day one.
The property is fully leased with reliable in-place rental income while still offering meaningful upside. Comparable renovated properties in the area command substantially higher rents, creating an excellent opportunity to increase future cash flow as leases turn over. Investors can benefit from rental upside while owning a newer-vintage asset in a market where quality multifamily inventory is in high demand.
Additional features include a detached three-car garage, driveway parking, and ample off-street parking, providing added convenience and value for residents. The property's spacious layouts and parking amenities make it especially attractive to families seeking larger rental homes.
Conveniently located near Downtown Los Angeles, USC, SoFi Stadium, LAX, and the I-110 and I-105 freeways, this central location provides tenants with easy access to major employment centers, transportation corridors, and entertainment destinations, supporting strong long-term rental demand.
Whether you're looking to expand your portfolio with a low-maintenance asset or secure a high-quality duplex with immediate cash flow and future rental growth, 645 E. 78th Street presents a rare opportunity to acquire a modern multifamily property in one of Los Angeles' strongest rental markets.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Fireplace No
Laundry Washer Hookup, Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6023025021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908