3420 W 78th, Hyde Park, California 90043, Hyde Park, 90043 - bed, bath
ACTIVE$699,000
3420 W 78th, Hyde Park, California 90043
0Bed
0Bath
1,964Sqft
6,821Lot
Year Built
1941
Close
-
List price
$699K
Original List price
$800K
Price/Sqft
$356
HOA
-
Days on market
-
Sold On
-
MLS number
PV25242385
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $699.0K(38th), sqft - 1964(75th), beds - undefined(50th), baths - undefined(50th).
Opportunity knocks at this Hyde Park 4-plex! Located on a neat, quiet and conveniently located street brimming with pride of ownership, this property is a “diamond in the rough”. The property offers 2 spacious 1-bedroom units and 2–singles. There are 3 stable long-term tenants and a vacant updated 1 bedroom end unit ready for owner occupancy! All units have their own 1-car garage. The lot is spacious and well-kept with a big backyard and lush landscaping, as well a covered patio area. Each unit has its own electric and gas meter, as well as its own water heater. Great opportunity to owner-occupy and let the tenants help pay your mortgage.
Nearby schools
1/10
Lane (Warren) Elementary School
Public,•K-6•0.5mi
2/10
Yes Academy
Public,•K-5•0.8mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.9mi
4/10
Centinela Elementary School
Public,•K-6•1.0mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.4mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.7mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.9mi
3/10
Windsor Hills Math Science
Public,•K-5•2.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.3mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.1mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.6mi
2/10
Audubon Middle School
Public,•6-8•2.8mi
2/10
Inglewood High School
Public,•9-12•1.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.0mi
2/10
George Washington Preparatory High School
Public,•9-12•2.7mi
9/10
Middle College High School
Public,•9-12•5.6mi
Price History
Date
Event
Price
11/09/25
Price Change
$699,000-12.6%
10/29/25
Listing
$800,000
Condition Rating
Fair
Built in 1941, this property is over 80 years old. The exterior images show significant age and wear, consistent with a building of its vintage that has not undergone a full recent renovation. The listing describes it as a 'diamond in the rough' and notes it 'likely requires significant renovation or deferred maintenance.' While one 1-bedroom unit is mentioned as 'updated' and 'ready for owner occupancy,' this suggests partial, rather than comprehensive, renovation. Without interior photos, a detailed assessment of kitchens, bathrooms, and other features is limited, but given the age and description, these are presumed to be largely outdated in most units. The property is functional and occupied by long-term tenants, indicating it's livable, but it clearly requires substantial modernization and updates beyond minor repairs to meet current standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Income-Generating Quadruplex: The property is a 4-plex, explicitly designed for residential income, offering multiple revenue streams for investors.
Owner-Occupancy Opportunity: A vacant, updated 1-bedroom end unit is available for owner-occupancy, allowing a buyer to live on-site while tenants help cover mortgage costs.
Individual Utilities & Garages: Each unit benefits from its own electric meter, gas meter, water heater, and a dedicated 1-car garage, simplifying tenant billing and providing valuable amenities.
Stable Tenancy: Three of the four units are occupied by stable, long-term tenants, ensuring immediate and consistent rental income.
Significant Price Reduction: The list price has been reduced from $800,000 to $699,000, indicating a motivated seller and potential for a favorable acquisition.
Cons
Condition & Age: Described as a 'diamond in the rough' and built in 1941, the property likely requires significant renovation or deferred maintenance, implying potential capital expenditures.
Unit Mix: Two of the four units are 'singles' (studio apartments), which typically command lower rents and may appeal to a more transient tenant base compared to larger units.
Lack of Views: The property explicitly states 'view:None,' meaning it does not offer scenic or desirable views that could enhance its market value or tenant appeal.