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3468 W 71st St
Los Angeles, CA 90043
Multifamily Property For Sale
·
3 Units
Executive Summary
We are proud to present 3468 W 71st St, a unique 3 legal units + 2 non-conforming units multifamily property in Los Angeles, offered at an 8.83 GRM and a 7.93% CAP on Year-1 rents, with upside potential to achieve a 7.64 GRM and an 9.56 % CAP with market rents. 4 of the units (2 legal units + 2 non-conforming units) will be delivered VACANT!!!
4 of the units (2 legal units + 2 non-conforming units) are new construction built in 2026 with all new plumbing, framing, electrical, and mechanical systems being BRAND NEW! With the property’s 2026 build date, the building is NOT subject to LA City Rent Control allowing a new owner the ability meet market rents.
As the property is legally a 3-unit building + 2 non-conforming units, the asset is primed for low-down payment owner-occupied financing providing a buyer with the potential to collect additional income compared to a regular 3-unit property.
With 4,122sf of permitted building square footage, this is a turn-key investment opportunity that is in a prime position to take advantage of future appreciation due to its proximity to SoFi Stadium, LAX, Culver City, etc. Contact the listing broker for additional information.
4 of the units (2 legal units + 2 non-conforming units) are new construction built in 2026 with all new plumbing, framing, electrical, and mechanical systems being BRAND NEW! With the property’s 2026 build date, the building is NOT subject to LA City Rent Control allowing a new owner the ability meet market rents.
As the property is legally a 3-unit building + 2 non-conforming units, the asset is primed for low-down payment owner-occupied financing providing a buyer with the potential to collect additional income compared to a regular 3-unit property.
With 4,122sf of permitted building square footage, this is a turn-key investment opportunity that is in a prime position to take advantage of future appreciation due to its proximity to SoFi Stadium, LAX, Culver City, etc. Contact the listing broker for additional information.
Property Facts
| Price Per Unit | $582,670 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 7.93% | Building Size | 4,122 SF |
| Gross Rent Multiplier | 8.83 | Average Occupancy | 20% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 0.97/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Multiple Residential | ||
| Price Per Unit | $582,670 CAD |
| Sale Type | Investment |
| Cap Rate | 7.93% |
| Gross Rent Multiplier | 8.83 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,122 SF |
| Average Occupancy | 20% |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LAR3 - Multiple Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,627 CAD | - |
| 3+1 | 1 | $4,990 CAD | - |
| 1+1 | 1 | $3,114 CAD | - |
Property Taxes
| Parcel Number | 4006-034-005 | Improvements Assessment | $152,850 CAD |
| Land Assessment | $611,399 CAD | Total Assessment | $764,248 CAD |
Property Taxes
Parcel Number
4006-034-005
Land Assessment
$611,399 CAD
Improvements Assessment
$152,850 CAD
Total Assessment
$764,248 CAD
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