Los Angeles, CA 90043,3120 W 71st ST
See all 13 photos
Los Angeles, CA 90043,3120 W 71st ST
Los Angeles, CA 90043,3120 W 71st ST
Los Angeles, CA 90043,3120 W 71st ST
Los Angeles, CA 90043,3120 W 71st ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
Marcie Sands

Marcie Sands

+1(760) 644-1562
$ 1,850,000
Est. payment /mo
Save
New

3120 W 71st ST Los Angeles, CA 90043

12 Beds

6 Baths

5,184 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $356

MLS Listing ID 26643499

Bedrooms 12

HOA Y/N No

Year Built 1990

Lot Size 7,993 Sqft

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4006030006

Special Listing Condition Standard

CRMLS – RECore
Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Wilder's Preparatory Academy Charter

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 6

    Felton Elementary

    Public | PK - 5

  • 6

    Buford Elementary

    Public | KG - 5

  • 6

    Moffett Elementary

    Public | PK - 5

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 5

    La Tijera K-8 Academy of Excellence

    Public | KG - 8

  • 5

    Jefferson Elementary

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    Dr. Theo. T. Alexander Jr., Science Center

    Public | KG - 5

  • 4

    W. Claude Hundall Elementary School

    Public | KG - 6

  • 4

    Windsor Hills Elementary

    Public | KG - KG

  • 4

    Centinela Elementary School

    Public | KG - 6

  • 4

    Kelso Elementary School

    Public | KG - 6

Middle Schools 20
  • 8

    Wilder's Preparatory Academy Charter Middle School

    Public | 6 - 8

  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Century Community Charter

    Public | 6 - 8

  • 4

    Lennox Middle School

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 1

    Crozier Elementary School

    Public | 7 - 8

  • 1

    Icef Inglewood Middle Charter Academy

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Lennox Mathematics, Science and Technology Academy

    Public | 9 - 12

  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    City Honors College Preparatory Charter

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 1

    Inglewood High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

  • 1

    Manual Arts High School

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Community Health Advocates

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

School and business data provided by Attom Data.
Marcie Sands

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Marcie Sands, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

3120 W 71st ST