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636 W 76th Street

Los Angeles, CA 90044
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Bed 24

Bed

Bath 19

Bath

SqFt8,968

Sqft

SqFt7,001

Sqft(Lot)

Brand-New 2026 Construction | 5 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 an in-place master lease with contractual annual rent escalations of 5% (3% minimum floor.) 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,195,000

AD Id : 91114638

MLS Id : 26986021

Beds : 24

Lot Size : 7,001 Sqft

Living Area Size : 8,968

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 24

    Bathroom Information

    Total Baths: 19

    Flooring Information

    Laminate
  • Interior Features

    OpenFloorplan, RecessedLighting
    Appliances: Dishwasher, Disposal, Microwave, Dryer, Washer
    Laundry Features: Inside, LaundryCloset
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 8968
    Construction Materials: Stucco
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x140 Main Square Feet: 7001 Lot Size Acres: 0.1607 Lot Size Source: Assessor Lot Size Square Feet: 7,001

  • Listing Price Information

    Listing Price: $3195000

  • Tax Information

    Parcel Number: 6020019010

  • Parking Information

    Parking Total: 10 Assigned, Covered, DoorSingle, ElectricGate, Garage

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: S. Hoover to W. 76th Street WaterSource: Public Security Features: CarbonMonoxideDetectors,FireDetectionSystem,FireSprinklerSystem,SecurityGate,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5879 Bonsallo Avenue, Los Angeles, CA, 90044 $700,000 4 3 1,993 5,338 Sqft
666 W 62nd Street, Los Angeles, CA, 90044 $605,000 3 2 1,497 5,402 Sqft
657 W 66th Street, Los Angeles, CA, 90044 $399,900 1 1 560 1,883 Sqft
6500 S Hoover, Los Angeles, CA, 90044 $730,000 3 4 -- 6,571 Sqft
6113 Menlo, Los Angeles, CA, 90044 $550,000 3 1 1,000 4,560 Sqft
633 W 75th Street, Los Angeles, CA, 90044 $869,000 5 2 1,800 7,008 Sqft
850 W Gage Avenue, Los Angeles, CA, 90044 $1,548,500 12 8 4,813 5,669 Sqft
606 W 78th Street, Los Angeles, CA, 90044 $879,000 5 3 1,672 7,152 Sqft
854 W 64th Street, Los Angeles, CA, 90044 $599,999 2 1 975 5,567 Sqft
700 W 77th, Los Angeles, CA, 90044 $875,000 6 4 2,688 7,002 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/14/2026 @ 02:40

MLS: 26986021 LISTED BY: Cesar Leyva, Beverly & Company Luxury Properties 323-410-0848 SOURCE: CRMLS

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