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8-Bedroom Residential Income - 3468 W 71st Street, Los Angeles, CA

$1,099,000

3468 W 71st Street, Los Angeles, CA

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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.

Property details

Bedrooms
8
Bathrooms
5
Square feet
4,122
Year built
1937
Property type
Residential Income
Lot size
5,042 sqft

Location

3468 W 71st Street • Los Angeles, CA 90043

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Listed by

Casey Lins · Kidder Mathews of California, Inc.

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