3468 W 71st ST, Los Angeles, CA 90043
3468 W 71st ST, Los Angeles, CA 90043
3468 W 71st ST, Los Angeles, CA 90043
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,285,000
Est. payment /mo
8 Beds
5 Baths
4,122 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

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

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Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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