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$ 1,285,000
Est. payment /mo
Pending
3468 W 71st ST Los Angeles, CA 90043
8 Beds
5 Baths
4,122 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $311
MLS Listing ID 26663347
Bedrooms 8
HOA Y/N No
Year Built 1937
Lot Size 5,039 Sqft
Property Description
We are proud to present 3468 W 71st St, a unique 3 legal units + 2 non-conforming units multifamily property in Los Angeles, offered at an 8.83 GRM and a 7.93% CAP on Year-1 rents, with upside potential to achieve a 7.64 GRM and an 9.56 % CAP with market rents. 4 of the units (2 legal units + 2 non-conforming units) will be delivered VACANT!!! 4 of the units (2 legal units + 2 non-conforming units) are new construction built in 2026 with all new plumbing, framing, electrical, and mechanical systems being BRAND NEW! With the property's 2026 build date, the building is NOT subject to LA City Rent Control allowing a new owner the ability meet market rents. As the property is legally a 3-unit building + 2 non-conforming units, the asset is primed for low-down payment owner-occupied financing providing a buyer with the potential to collect additional income compared to a regular 3-unit property. With 4,122sf of permitted building square footage, this is a turn-key investment opportunity that is in a prime position to take advantage of future appreciation due to its proximity to SoFi Stadium, LAX, Culver City, etc. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4006034005
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953