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$1,850,000
28 Days On Site

3120 W 71st Street
Los Angeles, CA 90043

For Sale|Residential Income|Active
12
Beds
6
Total Baths
5,184
SqFt
$357
/SqFt
1990
Built
County:
Los Angeles
Call Now: (323) 389-5432
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(323) 389-5432
3120 W 71st Street3120 W 71st Street3120 W 71st Street3120 W 71st Street
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Monthly Payment (Est.)

$8,440
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3120 W 71st Street, a well-maintained 6-unit multifamily investment opportunity located in a rapidly evolving pocket of Los Angeles. Built in 1990, this rare offering is exempt from the City of Los Angeles Rent Stabilization Ordinance (RSO), providing investors with increased flexibility and long-term upside potential.The property is comprised of six spacious 2-bedroom / 1-bathroom units, each averaging approximately 864 square feet. All units are separately metered for gas and electricity, and each has a dedicated water heater, reducing owner expenses and operational complexity. The building also features copper plumbing and a storage room with washer/dryer hookups not currently in use offering further income or amenity potential for a new owner. Sitting on a 7,992 square foot lot, the property includes 8 gated surface parking spaces at the rear of the building, offering convenience and security for tenants. With a current cap rate of 6.71% and a GRM of 9.98, the investment presents strong in-place cash flow with room to grow. Additionally, there is potential to build one or more ADUs (buyer to verify), providing further value-add opportunity in a supply-constrained market. Strategically located near major entertainment and transportation hubs including SoFi Stadium, the Kia Forum, the upcoming Intuit Dome, and a growing collection of dining and retail destinations - 3120 W 71st Street stands to benefit from continued neighborhood appreciation and infrastructure investment.With its desirable unit mix, non-RSO status, strong financials, and ADU potential, 3120 W 71st Street represents a compelling, turn-key investment opportunity in the heart of Los Angeles.

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Listing Snapshot
Price 
$1,850,000
Days On Site 
28 Days
Bedrooms 
12
Inside Area (SqFt) 
5,184 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1835 Acres
Year Built 
1990
MLS® Number 
25543037
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1835
Number Of Stories 
2
Parking 
Gated
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
5184
Stories 
Two
Zoning 
LAR3
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
PHHT - Park Hills Heights
Listing courtesy of Jake Glaser of Lyon Stahl Investment Real Estate, Inc.

Based on information from the The MLS as of 2025-06-20 10:20 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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