3468 W 71st Street, Los Angeles, CA 90043

$1,099,000
8
BD
5
BA
4,122
SqFt

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Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

List Price
$1,099,000
Status
ACTIVE
Days on Market
117
Price Change
▼ $96,000 1788921429
MLS#
26663347
Subtype
Residential Income
Year Built
1937
Bedrooms
8
Bathrooms
5
Living Area
4,122
Lot Size
5,042
Acres
0.12
MLS Area Major
Park Hills Heights (PHHT)

Property Description

SELLER FINANCING AVAILABLE as a 2nd Trust Deed!!! 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 7.55 GRM and a 9.47% CAP on Year-1 rents, with upside potential to achieve a 6.53 GRM and an 11.38 % 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.

Additional Information

Zoning
LAR3
Stories
Two Levels
Levels
Two
Parking Features
Driveway

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.