439 W 71st Street Los Angeles, CA ^$ 1,600,000

439 W 71st Street

^$ 1,600,000

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New Construction

439 W 71st Street

Los Angeles, CA, 90003

^$ 1,600,000

Bedrooms13 Baths8.0 Sq 4,277

Monthly Estimate*

^$ 11,176

Listed by On Track Property

439 W 71st Street, Los Angeles, CA 90003 - Image 1

439 W 71st Street, Los Angeles, CA 90003 - Image 2

439 W 71st Street, Los Angeles, CA 90003 - Image 3

439 W 71st Street, Los Angeles, CA 90003 - Image 4

439 W 71st Street, Los Angeles, CA 90003 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000 with 13 bedrooms and 8 full baths. This 4,277 square foot home was built in 2024 on a lot size of 0.1172.

Unheard of 7% CAP RATE!!! Real rents, real tenants, currently occupied! Do not miss this great investment opportunity. This NON RENT CONTROLLED duplex + adu is made up of two huge 5 bed/3 bath units & one detached 3 bed bath unit. This property is an unbeatable opportunity for investors to have immediate easy cash flow. Property itself is brand new condition, built in 2023, and comes with six spacious parking spots, brand new appliances, and spacious floor plans. Do not miss this opportunity!

Multi-Family Pending

Price

^$ 1,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1172

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24353091

Days on Market

113

Features

General

Heating Central

Cooling None

Appliances Oven Refrigerator

Zoning LAR2

Year Built 2024

Tenant Pays Electricity Gas Water

Levels MultiSplit

Gross Income 146400.0

County Los Angeles

Net Operating Income 109800.0

New Construction Y

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions Heading south on S Figueroa St turn left onto W 71st St the destination is on your left

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 5107.0

Private Pool N

Waterfront Y/N N

Carport Spaces 6.0

Carport Y/N Y

Street Name 71st

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 80

Standard Status Pending

Occupancy Type Tenant

Year Built Source Builder

Cap Rate 6.66

Exterior

Parking Features Carport

Total Parking 6.0

Lot Size Area 5107.0

Foundation Details Slab

Number of Buildings 2

Spa N

Building Area Total 4277.0

Lot Dimensions 40x129

Lot Size Acres 0.1172

Lot Size Units SquareFeet

Lot Size Source Owner

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 13

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 439

* Excluded Features

List By

On Track Property

Broker

(310) 877-9425

Phone

Affordability Calculator

$11,176

Per Month

Monthly Principal & Interest: $11,176
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,985,541

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$1,600,000	-3.00%	Price Down
1/31/2024	$1,649,500		Listed Price

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439 W 71st Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,600,000 with 4,277 sqft and a lot size of 0.1172. 439 W 71st Street has 13 bedrooms, 8.0 baths, and was built in 2024. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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439 W 71st Street

Multi-Family Home for sale in Los Angeles, CA

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