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Los Angeles Four-Unit Multifamily Property
For Sale
$799,000

343 W 77th ST, Los Angeles, CA 90003

Four units, fully rented, great for investors or owner-occupiers.

Property Size2,556 SF
Days on Market205

Property Features for 343 W 77th ST

General Information

Standard status Active
Size 2,556 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 2,556 SF
Year Built 1933
Listing Agency: RICO & RICO REALTY AND ASSOCIATES
Listed By: CONSUELO RODRIGUEZ · License #01762067
Source: Milsteinestates
Added: Mar 30 Changed: Oct 16 Last Checked: Oct 19 at 1:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RICO & RICO REALTY AND ASSOCIATES

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Investment Insights

Based on property information with market context.

This multifamily property features four units located in Los Angeles, California. Each unit contains two bedrooms and one bathroom, with one unit offering three bedrooms and one bathroom. The property is fully rented and suitable for both new and experienced investors. Each unit has separate gas and electric meters. The location has a bike score of 66, indicating it is bikeable, a walk score of 66, indicating it is somewhat walkable, and a transit score of 62, indicating good transit options.

Key Highlights

  • Four units, including a larger three‑bedroom unit, offering diverse rental options.
  • Fully rented, providing immediate rental income.
  • Separate gas and electric meters for each unit, simplifying utility management.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,863
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,260 $1.2M
Cap Rate 7%
$826,614 $826.6K
Cap Rate 9%
$642,922 $642.9K
Market Conditions
NOI Build-Up for 2,556 SF
Gross rent
$84.3K $33.00/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$82.7K $32.34/SF
− OpEx
−$24.8K −$9.70/SF
NOI
$57.9K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,157,260
Cap Rate 7%
$826,614
Cap Rate 9%
$642,922

Alternative Uses

Best Use
Apartment 5plus
$45.19M
$39.54M – $52.72M (±1% cap)
NOI $3,163,188 @ 7.0% cap · market cap 395.89%
Second Best
Multifamily LT 5
$826.6K
$723.3K – $964.4K (±1% cap)
NOI $57,863 @ 7.0% cap · market cap 7.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,539
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four units, fully rented, great for investors or owner-occupiers.
Where is this quadplex located?
The property is located at 343 W 77th ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four units, including a larger three‑bedroom unit, offering diverse rental options.; Fully rented, providing immediate rental income.; Separate gas and electric meters for each unit, simplifying utility management.
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