Listed by Ta Mara Jones of CALVARY REALTY INC
Calvary Realty is pleased to present a Section 8-backed multifamily investment located at 743 W 77th St, Los Angeles, CA, within the Los Angeles-Long Beach-Anaheim MSA, the second-largest metropolitan area in the nation with a population of 12.9 million. The property is offered at $950,000, representing an existing cap rate of 5.38% and a price per square foot of $256.90, positioning it as an accessible entry point into a highly coveted Los Angeles submarket. Originally built in 1991, the asset sits on 0.16 acres and consists of a single two-story concrete building totaling 3,698 rentable square feet across four units. Current physical occupancy is 75%, with stable Section 8 income providing downs ide protection and the opportunity for rental upside through improved operations and lease-up. The property is strategically located near the intersection of S Hoover Street and W 77th Street, offering excellent accessibility just adjacent to Interstate 110, which carries a daily traffic count of approximately 14,011 vehicles. Its central location places it minutes from major demand drivers, including SoFi Stadium, Intuit Dome, LA Live, the Memorial Coliseum, BMO Stadium, 4 miles south of USC, and 10 miles east of LAX. With strong visibility, proximity to major employment and entertainment hubs, and long-term housing demand fundamentals, this offering represents a compelling opportunity to acquire a stabilized income-producing asset with upside potential in one of the most resilient rental markets in the country.

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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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