Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

4,122 sqft

Lot size

5,042 sqft

Year built

1937

Stories

2

Status

Active

Days on market

114

MLS #

239599071

About this property

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.

Location

3468 W 71st Street

Los Angeles, Los Angeles, CA, 90043