3120 W 71st Street, Los Angeles, CA 90043
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3120 W 71st Street,Los Angeles, CA 90043
$1,850,000
- 12 Beds
- 6 Baths
- 5,184 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.
MLS#:26643499
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$356.87
About this home
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.
Contact an agent
Home facts
- Year built:1990
- Listing ID #:26643499
- Added:485 day(s) ago
- Updated:February 28, 2026 at 11:38 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Living area:5,184 sq. ft.
Structure and exterior
- Year built:1990
- Building area:5,184 sq. ft.
- Lot area:0.18 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$356.87
New listings near 3120 W 71st Street
- New
$729,999Active4 beds 2 baths1,444 sq. ft.708 S Eastern Avenue, Los Angeles, CA 90022
MLS# CV26043973Listed by: BERKSHIRE HATH HM SVCS CA PROP - New
$430,000Active2 beds 2 baths929 sq. ft.9920 Jordan Avenue #7, Chatsworth, CA 91311
MLS# PW26043863Listed by: Y REALTY - New
$549,000Active2 beds 2 baths1,122 sq. ft.5400 Lindley Avenue, Encino, CA 91316
MLS# SR26039345Listed by: RODEO REALTY - New
$620,000Active3 beds 2 baths1,172 sq. ft.11251 Dronfield, Pacoima, CA 91331
MLS# CV26040262Listed by: KELLER WILLIAMS COVINA - New
$889,000Active-- beds -- baths1,375 sq. ft.138 E 60th Street, Los Angeles, CA 90003
MLS# DW26038400Listed by: EXCELLENCE HOMES & ESTATES RE - Open Sat, 2 to 5:30pmNew
$4,195,000Active5 beds 5 baths5,563 sq. ft.1191 N Bundy, Los Angeles, CA 90049
MLS# OC26036582Listed by: BRIAN BALLO, BROKER - Open Sun, 1 to 4pmNew
$749,900Active3 beds 1 baths1,474 sq. ft.7827 La Salle, Los Angeles, CA 90047
MLS# SB26029755Listed by: REDFIN CORPORATION - New
$1,550,000Active-- beds -- baths3,495 sq. ft.5739 S St Andrews, Los Angeles, CA 90062
MLS# DW26043927Listed by: CENTURY 21 ALLSTARS - New
$529,000Active3 beds 1 baths964 sq. ft.5323 Latham, Los Angeles, CA 90011
MLS# NP26039480Listed by: LPT REALTY, INC - New
$439,000Active2 beds 3 baths1,431 sq. ft.1360 W Capitol #138, San Pedro, CA 90732
MLS# PW26043106Listed by: KELLER WILLIAMS PALOS VERDES