4
See all 4 photos
$2,350,000
Est. payment /mo
12 Beds
10 Baths
7,648 Sqft Lot
Active
632 W 79th Street Los Angeles, CA 90044
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
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25090025
Bedrooms 12
HOA Y/N No
Lot Size 7,648 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Location
State CA
County Los Angeles
Area Los Angeles (90044)
Zoning Builder
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Curbs
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $28
Acceptable Financing Conventional
Space Rent $3,595
Listing Terms Conventional
Listed by Brian Davis • Douglas Elliman of California
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Del Mar, CA
- Homes For Sale in Rancho Santa Fe, CA
- Homes For Sale in Carmel Valley, San Diego, CA
- Homes For Sale in Solana Beach, CA
- Homes For Sale in Cardiff by the Sea, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in Carlsbad, CA
- Homes For Sale in Penasquitos West, San Diego, CA
- Homes For Sale in Rancho Bernardo, San Diego, CA
- Homes For Sale in Carmel Mountain, San Diego, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in North Park, San Diego, CA
- Homes For Sale in Mission Hills, San Diego, CA
- Homes For Sale in Pacific Beach, San Diego, CA