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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.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $139,326 $33.80

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $139,326
Annual Per SF $33.80

Property Facts

Price $1,757,469 CAD
Price Per Unit $585,823 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 $3,646 CAD -
3+1 1 $5,017 CAD -
1+1 1 $3,131 CAD -
Moderately walkable
60/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4006-034-005
Land Assessment
$622,086 CAD
Improvements Assessment
$155,522 CAD
Total Assessment
$777,608 CAD
  • Listing ID: 39743697

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 3468 W 71st St, Los Angeles, CA 90043

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