1201 E 78th St , Los Angeles, CA 90001
$1,185,000
Est. Payment: $2,633.33/mo
6 Bed
3 Bath
2589 Sqft
Status: active | Days on site: 12
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

VACANT, VACANT, VACANT 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 rental income from the remaining units helps significantly reduce your monthly housing expenses. 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.

Highlights

Listed by Jose Vasquez-Tafur , 909-279-6695 JWillian Realty , 909-279-6695. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1960

County

Los Angeles

Area

699 - Not Defined

Listing ID

IG26152988

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:
Other:All Bedrooms Up,All Bedrooms Down
Other:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:3
Roof:None
Others:2+ Total Units,Has ADU
Sewer:Public Sewer
Principal Interest
$2,633
Taxes
$755

Home Price

$1,185,000

Loan Details

30 yrs
%

Down Payment

20%
$237,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,633.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,633.33 $755.44 $0.00 $3,388.77
Yearly $31,600.00 $9,065.25 $0.00 $40,665.25
Total $948,000.00 $271,957.50 $0.00 $1,219,957.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T06:35:58.000Z

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