LKV Realty
Logo
$1,850,000
$6,000Reward *
3120 W 71st Street, Los Angeles, CA 90043Listing ID 26643499

3120 W 71st Street, Los Angeles, CA 90043

Active
Time on site: 204 daysLast updated: Feb 3, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
12
Bathrooms
Bathrooms
6
Square Feet
Square Feet
5,184
Acres
Acres
0.18
Days on Site
Days on Site
204
Cooling
Cooling
None
Heating
Heating
None
Year Built
Year Built
1990
Stories
Stories
2
Parking
Parking
Covered

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.

Property Information

Property Details

Location

Address
3120 W 71st Street
County
Los Angeles
City
Los Angeles
Zip Code
90043
MLS Area
PHHT - Park Hills Heights

Interior Features

Beds and Baths

Bedrooms
12

Building

Building Information

Square Feet
5,184
Year Built
1990
Stories
2

Financial

Special Conditions
Standard
Jake GlaserLyon Stahl Investment Real Estate, Inc., (310) 425-9838

Market Report for 90043

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C141551 • CLW-C143567