$1,099,000
Los Angeles, CA 90043
8
Beds
5
Baths
4,122
Sq. Ft.
1937
Year Built
Los Angeles
County
ResidentialIncome
Property Type
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.
$5,849/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.