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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,095,000

Est. payment - /mo

4,325 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26009229

HOA Y/N No

Year Built 1965

Lot Size 4,325 Sqft

Property Sub-Type Quadruplex

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

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Dog Park, Park, Street Lights, Sidewalks, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4006029013

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

Read Less Info

Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559

NEARBY SCHOOLS & PROPERTIES

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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3119 W 71st Los Angeles, CA 90043