1201 E 78th Street, Los Angeles, CA

$1,185,000

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6

Beds

3

Baths

0.11

Acres

About 1201 E 78th Street

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

Features of 1201 E 78th Street

MLS® # IG26152988
Price $1,185,000
Bedrooms 6
Bathrooms 3.00
Acres 0.11
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1201 E 78th Street
Area LOS ANGELES (90001)
City Los Angeles
County Los Angeles
State CA
Zip Code 90001

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating N/K
Cooling N/K
Fireplace Yes
Stories 1 Story

Additional Information

Date Listed July 25th, 2026
Days on Market 24
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJWillian Realty

Listing Map

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