645 E 78thLos Angeles, CA 90001

Description

Turnkey 2016-Built Duplex, Spacious Townhome-Style Units with Strong Rental Upside! Discover an outstanding investment opportunity with this newer construction duplex in the heart of South Los Angeles. Built in 2016, this turnkey property features two spacious 4-bedroom, 3-bathroom townhome-style residences totaling 3,520 square feet, offering an ideal combination of modern construction, stable income, and long-term appreciation potential. Designed with today's tenants in mind, each residence offers an expansive two-story floor plan with oversized bedrooms, open-concept living spaces, modern kitchens featuring granite countertops and stainless steel appliances, updated bathrooms, stylish flooring, and contemporary finishes throughout. With no deferred maintenance, this is a true turnkey investment ready to generate income from day one. The property is fully leased with reliable in-place rental income while still offering meaningful upside. Comparable renovated properties in the area command substantially higher rents, creating an excellent opportunity to increase future cash flow as leases turn over. Investors can benefit from rental upside while owning a newer-vintage asset in a market where quality multifamily inventory is in high demand. Additional features include a detached three-car garage, driveway parking, and ample off-street parking, providing added convenience and value for residents. The property's spacious layouts and parking amenities make it especially attractive to families seeking larger rental homes. Conveniently located near Downtown Los Angeles, USC, SoFi Stadium, LAX, and the I-110 and I-105 freeways, this central location provides tenants with easy access to major employment centers, transportation corridors, and entertainment destinations, supporting strong long-term rental demand. Whether you're looking to expand your portfolio with a low-maintenance asset or secure a high-quality duplex with immediate cash flow and future rental growth, 645 E. 78th Street presents a rare opportunity to acquire a modern multifamily property in one of Los Angeles' strongest rental markets.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

2016

Stories

2

Building area

3,520 Sq Ft

Lot size

0.12 acres

Garage spaces

3

Parking spaces

4

Days on market

77

MLS^® Listing#

OC26167009

Property Features

Pool

None

Laundry

Washer Hookup · Inside

Lot features

Level · Rectangular Lot

Community

Curbs

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

6023025021

Directions

On 78th, West of Stanford, East of Avalon