Los Angeles, CA 90043,3119 W 71st
Los Angeles, CA 90043,3119 W 71st
Los Angeles, CA 90043,3119 W 71st
28
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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$1,095,000
Est. payment /mo
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4,325 Sqft Lot
Active

3119 W 71st Los Angeles, CA 90043

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26009229

Year Built 1965

Lot Size 4,325 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Delivered with 3 Vacancies! 3119 W 71st St is a 4-plex in one of Los Angeles' fastest-growing neighborhoods, with 3/4 Units delivered Vacant. The property features an ideal unit mix of (3) 2 Bed/1 Bath and (1) Studio Units. The property has spacious floorplans and upgraded electric main and subpanels, ensuring ease of management for future tenants. Adding even more value, the property comes with approved plans for a Studio ADU, allowing an investor to start construction immediately. Once leased, the property will operate at an impressive 6.45% Cap Rate, before even factoring in the ADU. After construction, the property projects at an impressive 7.53% Cap Rate (including building costs), making this an exceptional investment. Whether you're an investor or owner-user, this 4+1 unit asset is primed for strong cash flow from day one, with the added potential to increase equity through ADU development. Situated in a booming submarket, 3119 W 71st St is in close proximity to Inglewood, including new developments such as SoFi Stadium, Intuit Dome, Hollywood Park Casino and more, ensuring strong rental demand and long-term appreciation. THE SF REFLECTED REPRESENTS THE ADU CONVERSION

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Interior

Laundry None

Exterior

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Tax ID 4006029013

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Wilder's Preparatory Academy Charter

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 5

    La Tijera K-8 Academy of Excellence

    Public | KG - 8

  • 5

    Jefferson Elementary

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 4

    W. Claude Hundall Elementary School

    Public | KG - 6

  • 4

    Windsor Hills Elementary

    Public | KG - KG

  • 4

    Centinela Elementary School

    Public | KG - 6

  • 4

    Kelso Elementary School

    Public | KG - 6

Middle Schools 20
  • 8

    Wilder's Preparatory Academy Charter Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Century Community Charter

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Crozier Elementary School

    Public | 7 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

  • 1

    Manual Arts High School

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Community Health Advocates

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

School and business data provided by Attom Data.

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Alex Tai

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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3119 W 71st