636 W 76th Street, Los Angeles, CA 90044
Local realty services provided by:ERA Excel Realty
636 W 76th Street,Los Angeles, CA 90044
$3,195,000
- 24 Beds
- 19 Baths
- 8,968 sq. ft.
- Multi-family
- Active
Listed by: cesar leyva
Office: beverly & company luxury properties323-410-0848
MLS#:26986021
Source:CRMLS
Price summary
- Price:$3,195,000
- Price per sq. ft.:$356.27
About this home
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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Home facts
- Year built:2026
- Listing ID #:26986021
- Added:16 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:19
- Flooring:Laminate
- Kitchen Description:Dishwasher, Disposal, Microwave
- Living area:8,968 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2026
- Building area:8,968 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Modern
- Construction Materials:Stucco
Utilities
- Water:Public
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$3,195,000
- Price per sq. ft.:$356.27
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Carbon Monoxide (CO2) Detector, Open Floor Plan, Recessed Lighting
Parking
- Total parking spaces:10
- Parking description:Assigned, Covered, Door-Single, Electric Gate, Garage
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