1201 E 78th Street, Los Angeles, CA 90001
Local realty services provided by:ERA North Orange County Real Estate
1201 E 78th Street,Los Angeles, CA 90001
$1,185,000
- - Beds
- - Baths
- 2,589 sq. ft.
- Multi-family
- Active
Listed by: jose vasquez-tafur
Office: jwillian realty909-279-6695
MLS#:IG26152988
Source:CRMLS
Price summary
- Price:$1,185,000
- Price per sq. ft.:$457.71
About this home
Exceptional Value-Add Opportunity! 3 Residential Units, Studio & Oversized Garage with ADU Conversion Potential | No Rent Control (Please check with the City).
An exceptional opportunity for investors and owner-occupants alike! The spacious front 3-bedroom, 1-bath unit will be delivered vacant at the close of escrow, offering the perfect opportunity to owner-occupy while the rental income from the remaining units helps significantly reduce your monthly housing expense.
This versatile income-producing property features an outstanding unit mix, including a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, plus a studio with a full bathroom. The oversized garage offers excellent ADU conversion potential (Buyer to verify with the City), creating an outstanding value-add opportunity with the potential to generate additional rental income and further enhance the property's value.
The property also features a large private parking area, providing ample off-street parking for residents, guests, and additional vehicles.
One of the property's most valuable features is that it is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (Rent Control), providing greater flexibility for future rental management, rental adjustments, and long-term investment growth.
Whether you're an experienced investor looking to maximize cash flow or a first-time homebuyer ready to build wealth through owner-occupancy, this property offers multiple income streams, exceptional upside potential, and outstanding long-term value.
Properties offering this combination of owner-occupancy, multiple income-producing units, a studio, ADU conversion potential, abundant parking, and no Rent Control rarely become available. Whether you choose to owner-occupy, expand your investment portfolio, or unlock the property's full potential through a future ADU conversion, this is a rare opportunity to maximize rental income, build long-term equity, and create lasting value....
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Home facts
- Year built:1960
- Listing ID #:IG26152988
- Added:1 day(s) ago
- Updated:August 05, 2026 at 05:44 AM
Rooms and interior
- Bedroom Description:All Bedrooms Down, All Bedrooms Up
- Living area:2,589 sq. ft.
Structure and exterior
- Year built:1960
- Building area:2,589 sq. ft.
- Lot area:0.11 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,185,000
- Price per sq. ft.:$457.71
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:3
- Garage:Yes
- Garage spaces:3
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