$1,850,000

3120 W 71st Street, Los Angeles, CA 90043

  • 12 beds |
  • 6 baths |
  • 5,184 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon7,993sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $357/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

NO LA CITY RENT CONTROL & BRAND NEW ROOF... 3120 W 71st St is 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, a brand new roof (2025), 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 has 8 gated surface parking spaces at the rear of the building, offering convenience and security for tenants. With a current cap rate of 5.79% and a GRM of 11.03 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.

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 7, 2026 at 9:18PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Jake Glaser : 310-494-6368
MLS ID:
26643499
  • A/C: None
  • Heating: None
  • Parking: CoveredParking spaces: 8
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR34006030006
  • Source: CRMLS_CL

Presented by Veterans United Realty

This listing courtesy of Jake Glaser , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Y

Young Empowered Scholars Academy

3140 Hyde Park Blvd, Los Angeles, CA, 90043

Grades KG-5

0.34 miles away

H

Horace Mann UCLA Community School

7001 S St Andrews Pl, Los Angeles, CA, 90047

Grades 6-8

0.91 miles away

W

Whitney Young Continuation

3051 W 52nd St, Los Angeles, CA, 90043

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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