333 W 79th Street, Los Angeles, CA 90003

About this property

*** Can be purchased individually or a part of a 48-unit portfolio, please contact LA1 for more information **333 West 79th is a value-add fourplex located in South Los Angeles operating at a 6.18% current CAP and offers investors approx. 40% upside in rents. Located just east of the 110 Freeway, the subject property is comprised of (3) 2-Bdrm. units and (1) 1-Bdrm. unit (spread across two buildings) that generate approx. $6,100+ in gross monthly income. Based on renovated units in the area, we believe a future investor could achieve $8,500+ in gross monthly income and operate the property at a 9.56% market CAP and 8.05 market GRM. The property amenities include on-site parking and a community laundry room.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$800,000

Sold January 2023 · listed $830,000, orig. $975,000, on market September 2022 · MLS #22199079 · Source: CRMLS

Listing Agent: Max Berger · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Max Berger · Compass

$600,000

Sold September 2018 · listed $618,888, on market July 2018 · MLS #PW18182277 · Source: CRMLS

Listing Agent: A.J Yue · Listing Office: Lenders Rate Approval.com Corp · Contact: 949-856-9000 · Bought with: Carlos Estrada · Liberty Investment Group

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