633 W 75th St, Los Angeles, CA, 90044
About This Home
Maximize your real estate portfolio with this rare Los Angeles investment opportunity. This property features fully occupied, market-rate units and verified city approval to build new structures completely exempt from rent control. Currently 4.26 CAP Rate. Enjoy immediate, stable cash flow with a clear, paved path to build your next premium income stream. The existing gated property features a charming two-story building consisting of two updated units, (1) 2 bedroom and (1) 3 bedroom, 1 bathroom units. This gated complex sits on a tree lined street and has a welcoming front lawn, ample driveway parking and lot backs into an alleyway. The approved plans allow for the construction of a 2 story brand-new development. The new project will feature (4) 1 bdr, 1 bath units and (2) 2 bdr, 2 bath ADUs, each thoughtfully designed to meet the needs of modern urban living. The new building will encompass approximately 3,700 square feet on a 7006 SF square foot lot. One unit can be delivered vacant or the two front units will generate income while you build out the new units. . This property is situated just minutes from USC, LATCC, University of West LA and CAL State LA. Not to mention it is minutes from LA Memorial Coliseum, BMO Stadium , SoFi Stadium, Kia Forum, Intuit Dome, Crypto.com Arena, Dodger Stadium, and more! The property location benefits from a strong demand for rental housing offering significant long-term growth potential. This is a great opportunity for anyone looking to invest in income property in Los Angeles!
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Roof: Composition,Shingle
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area,In Carport
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Wall
- Cooling features: None
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 6020023014
- Zoning: LAR3
- Special condition: Standard
- Other equipment: None
Features
- Levels: Two
- Entry location: Ground Level w/steps
- Pool features: None
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Lot size: 7,008 sqft
- Features: Single Lot,Front Yard,Rectangular Lot,Lot-Level/Flat
- Lot size dimensions: 40 x 128
Parking
- Total spaces: 4
- Parking features: On Street,Shared Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,394 | $52,728 |
| Home Insurance * | $168 | $2,016 |
| Property Taxes | $898 | $10,776 |
| Electricity | $398 | $4,786 |
| Total | $5,858 | $70,296 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Price change | $869,000 |
| 2026-06-05 | Listed for sale | $889,000 |
| 2026-04-07 | Listed for rent | $2,375 |
| 2026-02-28 | Listing removed | $2,375 |
| 2025-09-28 | Listed for rent | $2,375 |
| 2022-10-18 | Sold | $765,000 |
| 2022-08-30 | Contingent | $800,000 |
| 2022-08-21 | Listed for sale | $800,000 |
| 2022-08-09 | Contingent | $800,000 |
| 2022-07-21 | Listed for sale | $800,000 |
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