1201 E 78th St, Los Angeles, CA 90001
Property image
Property image
FOR SALE
NEW - 2 DAYS AGO
Listed by Jose Vasquez-Tafur, JWillian Realty, (909) 279-6695

1201 E 78th St
Los Angeles, CA 90001

  • 6 Beds
  • 3 Baths
  • 2,589 sqft

$1,185,000

Est. Mortgage $7,307/mo*
Get Pre-Qualified

$1,185,000

Est. Mortgage $7,307/mo*
Get Pre-Qualified
6 Beds
3 Baths
2,589 sqft

Home Highlights

Parking
Garage
HOA
None
Price/Sqft
$458
Listed
13 days ago

Local Information

  • Map ViewExplore the area around 1201 E 78th St.
  • Schools1 Elementary School1 Middle School6 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 1201 E 78th St

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Bedroom
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3
Appliances & Utilities
Utilities: NoneLaundry: Common Area
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: One, TwoEntry Location: 1Accessibility: None
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: NoneFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: None
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 12Days on Market: 13

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 6024015017

Price & Status

Price
List Price: $1,185,000Price Per Sqft: $458
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: IG26152988

Building

Building Area
Building Area: 2589 Square Feet

Community

Community Features: BikingNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 4931 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: The front unit and the studio will be delivered vacant. ( studio rent $ 900.00), And the other 2 units will be delivered with tenants, with the option to be delivered Vacant as well. Please do not disturb the tenants; they know the house is being sold.Listing Terms: Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: IG26152988Living Area Range Units: Square FeetAttribution Contact: jwillian.vasquez@gmail.comActivation Date: Sat Jul 25 2026Common Interest: NoneStart Showing Date: Sat Jul 25 2026Universal Property Id: US-06037-N-6024015017-R-N

Additional Information

BikingSource Internet Entire Listing Display
Last check for updates: about 5 hours ago
Listing Provided by: Jose Vasquez-Tafur DRE #02004519
JWillian Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#IG26152988
Also Listed on CRMLS.

Market trends in Florence-Graham

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
23
4MoM

Price History for 1201 E 78th St

DatePriceEventSource
08/05/2026$1,185,000Listed For SaleCRMLS #IG26152988
09/06/2024$3,200ListingRemovedZillow Rentals
08/02/2024$3,200Listed For RentZillow Rentals
07/24/2024$990,000Sold
CRMLS #IV24071251
07/09/2024$975,000PendingCRMLS #IV24071251
06/11/2024$975,000ContingentCRMLS #IV24071251
06/01/2024$975,000PendingToActiveCRMLS #IV24071251
05/23/2024$975,000PendingCRMLS #IV24071251
05/09/2024$975,000PendingToActiveCRMLS #IV24071251
04/25/2024$975,000PendingCRMLS #IV24071251
04/10/2024$975,000Listed For SaleCRMLS #IV24071251
09/18/2023$300,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$13,587
Assessment$990,000
Home facts updated by county records

Comparable Sales for 1201 E 78th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1346 E 83rd St, Los Angeles, CA
0.42
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$889,000
08/13/25
5
3
2,135
1235 E 75th St, Los Angeles, CA
0.30
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$840,000
12/04/25
5
4
1,756
1008 E 74th St, Los Angeles, CA
0.36
Multi-Family Home
$779,000
03/06/26
5
3
1,873
922 E 82nd St, Los Angeles, CA
0.33
Multi-Family Home
$850,000
12/18/25
8
5
3,762
819 E 73rd St, Los Angeles, CA
0.53
Multi-Family Home
$1,093,000
04/21/26
8
4
2,854
910 E 76th St, Los Angeles, CA
0.26
Multi-Family Home
$695,000
04/01/26
4
2
1,482
1113 E 83rd St, Los Angeles, CA
0.30
Multi-Family Home
$650,000
03/27/26
5
2
1,703
1230 E 68th St, Los Angeles, CA
0.69
Multi-Family Home
$793,000
04/17/26
6
3
2,084
640 E 74th St, Los Angeles, CA
0.62
Multi-Family Home
$735,000
06/10/26
5
3
2,078

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1201 E 78th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Florence-Graham

At least 339 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 73 % Say yards are well-kept

  • 70 % Say there's holiday spirit

  • 69 % Say car is needed

  • 63 % Say it's walkable to grocery stores

  • 55 % Say it's dog friendly

  • 55 % Say it's walkable to restaurants

  • 54 % Say kids play outside

  • 49 % Say streets are well-lit

  • 44 % Say neighbors are friendly

  • 42 % Say they plan to stay for at least 5 years

  • 34 % Say it's quiet

  • 31 % Say people would walk alone at night

  • 26 % Say parking is easy

  • 22 % Say there are community events

  • 22 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Babylionel.rl
    "It’s a good environment I’ve lived here for more than 40 plus years we all know each other’s names and help each other "
    0
    Flag
  • Angel Hernandez
    "Great access to public transportations. Conveniently located parks. Not a safe neighborhood but, decent."
    0
    Flag
  • Camposk1
    "Nothing this neighborhood has nothing special about it. To many knuckle heads around making matters worse. Theres no community events going on here. "
    0
    Flag
  • Trulia User
    "I recommend This neighborhood because it is perfect for kids, there is a park right around the corner. "
    1
    Flag
  • Trulia User
    "street signals traffic so.etime gets hectic. a little improvent is always recommended. however is it a nice place to live "
    0
    Flag
  • Trulia User
    "Great access to different public transportations,bus lines,blue line,green line near, easy transportation to Downtown and Long Beach,also Inglewood,Downey ,the airport. Close to 105 and 110 fwy."
    0
    Flag
  • Trulia User
    "to expensive and dangerous to live here and spaces to park no space to park stores are a little far from home but transportation is really good just to visit the malls"
    0
    Flag
  • Trulia User
    "Ok neighborhood. People tend to keep to them selves. Some tagging on walls and dumping in alleyways. No major crime or transients in residential streets "
    0
    Flag
  • Trulia User
    "Park in the area. Also a library and many schools in neighborhood. Grocery stores and public transportation available."
    0
    Flag
  • Trulia User
    "My neighborhood is not very clean and is very disorganized. It’s an overpopulated area and younger generation are potheads and very noisy. Just being honest. There is a lack of parking everywhere here. "
    0
    Flag
  • Trulia User
    "South central area is dirty mostly. Community mostly noisy and cars speeding. Police doesn’t respond to calls. "
    0
    Flag
  • Trulia User
    "Commute is not very great. There are many things along the streets. There are also a lot of street dogs. "
    0
    Flag
  • Tahorado
    "Horrible too much traffic not enough lanes since they took some out of major streets and turned them into bike lanes"
    0
    Flag
  • Jorge L.
    "they won't like the messy side walks un friendly neighbors high crime volume lack of security or maintenance in the city and all the gang vandalism and unable to get fast police response "
    0
    Flag
  • Kevin R.
    "There’s a park nearby where you could walk your dog and it’s pretty moderately sized. A lap around all of it is like 3 miles. "
    0
    Flag
  • Lortizve98
    "When everyone decorates their house during the holidays. There are many food vendors around the community which make my neighborhood special. "
    0
    Flag
  • Ordena T.
    "it need a,dog park and everybodyneed to pick up after they dog thanks for asking about the dogs all dogs or nice and very friendly"
    0
    Flag
  • Lizette O.
    "I’ve lived in this neighborhood for about a year now and my property was robbed by homeless people. Not a safe neighborhood, a lot a car accidents too and it’s common to hear the helicopter police"
    0
    Flag
  • C.fuentess1989
    "it is not a safe neighborgood, you cannot walk your dog at night and there is alot of gang violence around."
    0
    Flag
  • Jesse C
    "The majority of the residents in this area never heard of respect or manners, terrible area to live in."
    0
    Flag
  • Sanchez.peter62
    "I spend half of my life in this neighborhood. I went from high school to college and got married in this hood. The only thing that was bad a few years back. But now its a nice area to live. Its cleaner and more friendly people. As well as alot of stores and shopping centers. Once you live in any part of a city its a normal place for you because u get used to it. Specially your neighbors."
    0
    Flag
  • Aro
    "There are no community events. this is not a friendly community. especially since the homeless have moved in our neighborhood. we have been dealing with this issue for over a year. Things are certainly out of control. And it is a gang-infested neighborhood."
    0
    Flag
  • JG
    "The schools are bad including charter. Need to be vigilant of walking into the wrong neighborhoods. Abandoned cars all over the street. Street parking is extremely limited."
    0
    Flag
  • Marachuka
    "You can’t walk your dog.There are too many stray vicious dogs roaming the streets.The drivers are not safe with pedestrians or drivers."
    0
    Flag
  • ana
    "There is too many gang members and iy sucks here badly you cabt have a dog it sicks ...................."
    0
    Flag
  • ARO
    "This is one of the better neighborhoods, in this area with the exception of the loud music due to parties and the homeless issue which is chaos. However, thanks to the LASD Century Station things are improving. Their hands are pretty much tied and it's a back-and-forth thing between the Los Angeles County Board of Supervisors office, who petty much put the responsibility on the Sheriff's Dept. That's why we have to call and be persistent and put pressure on B.O.S. who we elect to make our community better! Our quality of life does matters because we live in this area. "
    0
    Flag
  • Gricelda Maya
    "I've lived in the neighborhood over 16years and its pretty calm. And now with new home owners in the neighborhoods. They maintain there property making the area look even better and safer. Safer because they lookout for each other, every one is so friendly."
    0
    Flag
  • Isaiah Swearingen-Crisp
    "There’s a couple of parks around the neighborhood. It’s a decent neighborhood to live in. Friendly people."
    0
    Flag
  • Alayamlgz39
    "i see dog owners walking there dogs all of the time and therevare plenty of parks for them to take there dogs"
    0
    Flag
  • Karla R.
    "There are many great things to do around here. And everything is in walking distance so that’s a plus ."
    0
    Flag
  • Gricelda M.
    "too many dogs that don't get to socialize. just bark all day in the yards without enough owner attention. "
    0
    Flag
  • Chriszurita4
    "The dogs that are walking around and how there’s some good fast food walking distance. Also that there’s a 7/11. "
    0
    Flag
  • Alva M.
    "I don’t like the place where I live because the children play street and same times to many car no parking and smell si nasty because the people has animal live in the house "
    1
    Flag
  • Kristy V.
    "Too many stray dogs and cats, also trashy sidewalks. Some pet owners who live on corner homes keep dogs on side toward street and most of them do not clean up properly after their pets. "
    0
    Flag
  • Yuri D.
    "Have grown in this neighborhood and its very friendly, we have the police station near by and the fire station a block away. "
    1
    Flag
  • Alva M.
    "Nothing this area is very sad for living is a lot homeless people in the street and some house are dirty "
    0
    Flag

LGBTQ Local Legal Protections

Jose Vasquez-Tafur, JWillian Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-07 06:22:57 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
1201 E 78th St, Los Angeles, CA 90001 is a 6 bedroom, 3 bathroom, 2,589 sqft multi-family built in 1960. This property is currently available for sale and was listed by CRMLS on Aug 5, 2026. The MLS # for this home is MLS# IG26152988.