632 W 79th Street Active

Los Angeles,CA 90044

$ 2350000

12 Beds

10 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25090025

Bedrooms 12

Lot Size 7,648 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.

Location

State CA

County Los Angeles

Area Los Angeles (90044)

Zoning Builder

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs

Story 2

Others

Monthly Total Fees $28

Acceptable Financing Conventional

Space Rent $3,595

Listing Terms Conventional

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