$ 925,000
-
$925,000
Price -
3
Bed -
2
Bath -
2,328
SqFt -
0.12
Acre
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About the Listing CLW-X82195 - CLW-C145142
We are pleased to present 620 E 79th St, a five-unit multifamily property in South Los Angeles featuring four 1BD/1BA units and a 720 SF 2BD/1BA ADU built in 2022, on a 5,204 SF lot. Priced at $925,000 ($185,000/unit, $397/SF), the property offers a 9.95% CAP and 7.40 GRM on in-place income, a basis well below recent comparable sales in the 90001 submarket. The upside is immediate: two units, including the rear ADU, can be delivered vacant, allowing a new owner to set rents at market from day one or occupy a unit while the remaining four cover the mortgage. In-place rents on the occupied units sit up to 29% below market, giving an investor a clear path to grow income on turnover and push the return well beyond the current CAP. The 2022 ADU adds a newer, low-maintenance unit to the mix, and the entirely single-story layout with no elevated balconies means no SB 721 inspection and lower long-term upkeep. Eligible for 100% bonus depreciation via cost segregation. Close to the USPS Los Angeles Processing & Distribution Center, the Vernon and Commerce industrial corridors, the 110, 105, and 10 freeways, and the Metro A Line. Buyer to verify all information.
Listing Highlights for 620 E 79th St
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces: Bath,Kitchen,Living Room
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR4
- Roof:
- Others: 2+ Total Units,Has ADU
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6029001006
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
620 E 79th St Los Angeles, CA 90001
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