3468 W 71st St - Apartments FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$1,285,000 USD
213-225-7223
3468 W 71st St, Los Angeles, CA for Sale
$1,285,000 USD
Apartments - FOR SALE
1/35
null | 7.93% Cap Rate

3468 W 71st St
Los Angeles, CA 90043
Park Mesa Heights


OVERVIEW

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 8.83 GRM and a 7.93% CAP on Year-1 rents, with upside potential to achieve a 7.64 GRM and an 9.56 % 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.

FOR SALE DETAILS

PRICE

$1,285,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

3

PRICE/UNIT

$428,333

CAP RATE

7.93%

% LEASED

20%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,110 SF

ZONING

LAR3

APN/PARCEL ID

4006-034-005

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.