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Listed by Brian Davis • Douglas Elliman of California
$ 2,350,000
Est. payment /mo
New
632 W 79th ST Los Angeles, CA 90044
7,648 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25090025
Originating Board California Regional MLS
Year Built 2023
Lot Size 7,648 Sqft
Property Sub-Type Fourplex
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Kitchen Refrigerator
Interior
Heating Central Forced Air
Cooling None
Laundry Other
Exterior
Parking Features Other
Garage Spaces 12.0
Pool 31, None
View None
Roof Type Composition
Building
Lot Description Grade - Level
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 6032027026
Special Listing Condition Not Applicable
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