We are pleased to present 317 W 76th St, a value add 5-unit apartment community located in the Florence neighborhood of South Los Angeles, CA. The property is comprised of an excellent unit mix of (4) 2 bed/1 Bath units and (1) 1 Bed/1 Bath unit. There are currently two Section 8 tenants in place (2 bed/ 1 bath) with one of them currently leased for $2,467. There are two units that are significantly below market, offering major upside upon turnover. Section 8 Voucher Payment Standards (per HACLA) are currently up to $3,052 for 2-bedroom units as of 2/2024. The gated property also sits on a 5,880 square feet lot with rear and side alley access and parking for 4 vehicles.317 W 76th St is centrally located just 4 miles from USC and Downtown with convenient access to the 110 freeway and walkability to local amenities along Broadway and Florence Avenue. South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600 and Section 8 Voucher Payment Standards rising up to $3,052. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Living Area: 3,820 SqFt
Listing Office:
Office Name: Rosano Partners
Office Phone: (213) 802-0305
Listing Agent: Brandon Evans
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 9
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
John C. Fremont Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Mary Mcleod Bethune Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Seventy-Fifth Street Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: 76th and Broadway
Price Information
Listing Price Info
Price Summary:
List Price: $975,000
Price Per SqFt: $255/SqFt
Tax Information:
Annual Amount: $9,531
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $11.4K less than the Median Sold Price and $377/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24391935
Listing Office:
Office Name: Rosano Partners
Office Phone: (213) 802-0305
Listing Agent: Brandon Evans
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/29/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 12, 2017
Apr 12, 2017Home Sold
$593,500
Jul 26, 2016
Jul 26, 2016Home Sold
$584,000
Feb 13, 2008
Feb 13, 2008Home Sold
$524,500
Nov 29, 2005
Nov 29, 2005Home Sold
$412,500
Nov 28, 2005
Nov 28, 2005Home Sold
$412,500
Jun 14, 2000
Jun 14, 2000Home Sold
$161,000
Jun 18, 1993
Jun 18, 1993Home Sold
$202,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,531
$735,824
2020
$9,262
$728,280
2019
$9,172
$714,000
2018
$7,074
$700,000
2017
$7,074
$530,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Seventy-Fifth Street Elementary School
142 W 75th St
Distance between this listing and this school0.17 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school8.70 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school17.76 miles
Public Magnet Grades KG-5
Middle School
4
/10
Mary Mcleod Bethune Middle School
155 W 69th St
Distance between this listing and this school0.48 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.54 miles
Public District Grades 6-8
High School
3
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school0.57 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.98 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school19.86 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Seventy-Fifth Street Elementary School
142 W 75th St
Distance between this listing and this school0.17 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school8.70 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school17.76 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Mary Mcleod Bethune Middle School
155 W 69th St
Distance between this listing and this school0.48 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.54 miles
Public District Grades 6-8
Nearby Schools
5
/10
Watts Learning Center Charter Middle School
8800 S San Pedro St
Distance between this listing and this school1.13 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school0.57 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.98 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school19.86 miles
The neighbors living near this home have an average income of $34,753. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 317 W 76th St
What is the listing price of this property?
The listing price of 317 W 76th St property is $975,000.
What type of property is this?
The property 317 W 76th St is a house located in Los Angeles, California, 90003.
Is this property for sale now?
Active Listing: 317 W 76th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 317 W 76th St are: Seventy-Fifth Street Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Mary Mcleod Bethune Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10John C. Fremont Senior High School: GreatSchools Rating 3/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,531 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 12, 2017 for $593,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 317 W 76th St has 9 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 317 W 76th St is 3,820 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 317 W 76th St is 1964.
This home is located at 317 W 76th St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 3,820 square foot home, which was built in 1964, sits on a 0.14 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $975,000.
While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.