3120 W 71st Street, 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 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 includes 8 gated surface parking spaces at the rear of the building, offering convenience and security for tenants. With a current cap rate of 6.93% and a GRM of 9.71, 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.
For sale
Price cut: $50K (7/9)
$1,800,000
3120 W 71st St, Los Angeles, CA 90043
12beds
6baths
5,184sqft
Est.:
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$347/sqft
$-- HOA
What's special
Copper plumbingDedicated water heater
- 73 days
- on Zillow |
- 42 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 09:01am
Listed by:
Jake Glaser DRE # 02128816 310-494-6368,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
Spencer Chan DRE # 02197531 310-259-2181,
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 25543037

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 5,184
- Total interior livable area: 5,184 sqft
Property
Parking
- Total spaces: 8
- Parking features: Gated
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,993.26 Square Feet
- Dimensions: 47 x 170
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1990
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $347/sqft
- Tax assessed value: $645,399
- Date on market: 5/24/2025
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