636 W 76th St, Los Angeles, CA 90044
636 W 76th St, Los Angeles, CA 90044
636 W 76th St, Los Angeles, CA 90044
50
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$3,195,000
Est. payment /mo
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24 Beds
19 Baths
8,968 SqFt
New

636 W 76th St Los Angeles, CA 90044

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,968 sqft

Price per Sqft $356

MLS Listing ID 26986021

Style Modern

Bedrooms 24

Construction Status New Construction

Year Built 2026

Tax Year 2026

Lot Size 7,001 Sqft

Acres 0.1607

Property Sub-Type Multi-Family

Property Description

Brand-New 2026 Construction | 3 Year Fully Master-Leased | 8.47% Cap Rate | Non-RSO, No Rent Control. A rare turnkey opportunity at 636 & 634 W. 76th Street: two newly constructed (2026) apartment buildings totaling 5 units, 24 bedrooms, and 8,968 SF on a large 7.000 +/- sqft parcel, offered at $3,195,000 (8.47% cap rate, 11.10 GRM). The entire property operates under a single master lease generating $287,760 in annual gross income, with landlord responsibility limited to just two line items: property tax and insurance. No leasing, no tenant screening, no maintenance calls, no vacancy risk to manage. Ideal for 1031 Exchange Buyers: A fully stabilized, income-documented replacement property that lets exchangers close with confidence and skip the lease-up uncertainty that complicates so many 1031 acquisitions. Built for Cost Segregation Strategies: As ground-up 2026 construction, the property offers a high depreciable basis relative to land value and all-new building components the kind of asset profile investors and their CPAs look for when structuring a cost segregation study to accelerate depreciation and offset tax liability. (Buyers should consult their tax advisor to confirm applicability to their situation.) Built for the Passive Investor: For physicians, attorneys, business owners, and other high-earning professionals who want real estate exposure without a second job, this master-leased structure delivers one monthly deposit and one point of contact, not five separate tenancies to manage. Buildings are townhome-style and have separately metered utilities. Zoned [Q]R3-1 in Council District 8, minutes from the I-110 and I-105, and close to USC, Downtown LA, and the SoFi Stadium/Hollywood Park employment corridors. NFPA-13D fire sprinklers, rooftop solar, and gated private parking throughout. This is new construction with the passive income profile investors spend years trying to find.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms None

Kitchen Quartz Counters

Interior

Interior Features Turnkey, Recessed Lighting, Laundry - Closet Stacked, Open Floor Plan

Heating Central

Cooling Air Conditioning, Central

Flooring Laminate, Linoleum

Fireplaces Type None

Equipment Dishwasher, Dryer, Microwave, Hood Fan, Washer, Range/Oven, Garbage Disposal

Laundry In Closet, In Unit, Inside

Exterior

Parking Features Assigned, Auto Driveway Gate, Covered Parking, Garage - 1 Car, Driveway Gate, Garage Is Attached

Garage Spaces 10.0

Pool None

Waterfront Description None

Roof Type Flat

Building

Lot Description Automatic Gate, Exterior Security Lights, Fenced, Gutters

Story 3

Sewer In Connected and Paid

Water District

Architectural Style Modern

Level or Stories Three Or More

Structure Type Stucco

Construction Status New Construction

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Beverly & Company Luxury Properties

NEARBY SCHOOL & BUSINESS

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Benjamin Collinsworth

Benjamin Collinsworth

Agent RE.S.0180589

+1(702) 553-6827

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636 W 76th St

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