Purpose: We want to analyze transitions to low-lying excited states of the residual and ejectile nuclei in the 76Se(18O, 17O) 77Se one-neutron stripping reaction at 275-MeV incident energy and determine the role of single-particle and core excitation in the description of the measured cross sections. In addition, we explore the sensitivity of the calculated cross section to different nuclear structure models. Methods: The excitation energy spectrum and the differential cross-section angular distributions are measured using the MAGNEX large acceptance magnetic spectrometer for the detection of the ejectiles and the missing mass technique for the reconstruction of the reaction kinematics. The data are compared with calculations based on distorted-wave Born approximation, coupled-channels Born approximation, and coupled reaction channels adopting spectroscopic amplitudes for the projectile and target overlaps derived by large-scale shell-model calculations and interacting boson-fermion model. Results: Peaks in the energy spectra corresponding to groups of unresolved transitions to 77Se and 17O are identified. The experimental cross sections are extracted and compared to theoretical calculations. A remarkable agreement is found, without using any scaling factors, demonstrating that the adopted models for nuclear structure and reaction take into account the relevant aspects of the studied processes. The main transitions which contribute to the cross section of each peak are identified.