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632 E 78th St
Los Angeles, CA 90001 Canndu/Avalon Gardens

$500,000 USD

Multifamily For Sale • 1,632 SF

Property Details

Property Type Multifamily
Total Building Size 1,632 SF
Lot Size 0.14 AC
Year Built 1960
Cap Rate 4.71 %
Zoning LAR2

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                INCREDIBLE VALUE! Front House is appx 940 SF, Rear House is appx 700 SF, PLUS the Rear Detached Garage and Storage Room is 640 SF Total.
                            
                                Tenant occupied with current rental income over $3,000/month.
                            
                                Property is subject to City of Los Angeles Rent Stabilization Ordinance (RSO).
                            
                                Both Tenants Have Separate Parking Leases, Which Are Not Subject to RSO.
                            
                                Properties Appear to be in Overall Nice Condition For Their Age & The Asking Price - Able to Finance!
                            
                                Located just one block from John C. Fremont High School and McKinley Ave Elementary School.

Financial Summary (Actual)

Net Operating Income: $23,532 USD (2025)

Cap Rate:	4.71 %
Total Expenses:	$13,451 USD

Amenities

Storage Space
Washer/Dryer Hookup
Ceiling Fans
Tile Floors
Lawn
Vinyl Flooring
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	14 min	-	9.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	16 min	-	9.2 mi
Airport	Drive	Walk	Distance
Los Angeles International	19 min	-	10.0 mi
Long Beach (Daugherty Field)	25 min	-	17.6 mi
Bob Hope	33 min	-	24.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	No

Dana Coronado 310-562-9630 Compass Commercial - Sherman Oaks

632 E 78th St Los Angeles, CA 90001 Canndu/Avalon Gardens