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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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317 76th Street, Los Angeles – $889,000

  • 3 Beds
  • 2 Baths
  • 3,820 Sqft
  • .14 Acres
  • 3 Beds
  • 2 Baths
  • 3,820 Sqft
  • .14 Acres

317 76th Street

We are pleased to present 317 W 76th St, a value add 5-unitapartment community located in the Florence neighborhood of South Los Angeles, CA. The property is comprised of an excellentunit mix of (4) 2 bed / 1 Bath units and(1) 1 Bed/1 Bath unit. There are currentlythree (3) Section 8 tenants in place, of which 2bedroom unit currently leased for $2,573. Thereare two units that are significantly below market,offering major upside upon turnover. Section 8Voucher Payment Standards (per HACLA Tier 1)are currently at $2,748 for 2-bedroom units as of7/2025. The gated property also sits on a 5,880square feet lot with rear and side alley access and parking for 4 vehicles. The property will be delivered with (1) vacancy (2 bed / 1 bath) and upon a lease of $2,400, the building will yield a gross monthly income of $8,271.52, or $99,258 annually. The opportunity will yield an investor an over 7%annual return with approximately 39% remaining rental upside. 317 W 76th St is centrally located just 4 miles from USC and Downtown with convenient access to the 110 freeway and walkability to local amenities along Broadway and Florence Avenue. South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.

Essential Information

  • MLS® #25577253
  • Price$889,000
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage3,820
  • Acres0.14
  • Year Built1964
  • TypeResidential Income
  • StatusActive Under Contract

Community Information

  • Address317 76th Street
  • AreaC37 - Metropolitan South
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90003

Amenities

  • Parking Spaces4
  • ParkingDriveway, Gated
  • GaragesDriveway, Gated
  • PoolNone

Interior

  • InteriorLaminate
  • HeatingWall Furnace
  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedAugust 11th, 2025
  • Days on Market43
  • ZoningLAR2

Listing Details

  • AgentBrandon Evans

Office

Lyon Stahl Investment Real Estate, Inc.

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Price Change History for 317 76th Street, Los Angeles, (MLS® #25577253)

Date Details Change
Status Changed from Pending to Active Under Contract
Status Changed from Active to Pending

Brandon Evans, Lyon Stahl Investment Real Estate, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of September 23rd, 2025 at 12:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.