620 E 79th Street, Los Angeles, CA 90001
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
620 E 79th Street,Los Angeles, CA 90001
$925,000
- 6 Beds
- 5 Baths
- 2,328 sq. ft.
- Multi-family
- Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26103127
Source:CRMLS
Price summary
- Price:$925,000
- Price per sq. ft.:$397.34
About this home
We are pleased to present 620 E 79th St, a five-unit multifamily property in South Los Angeles featuring four 1BD/1BA units and a 720 SF 2BD/1BA ADU built in 2022, on a 5,204 SF lot. Priced at $925,000 ($185,000/unit, $397/SF), the property offers a 9.95% CAP and 7.40 GRM on in-place income, a basis well below recent comparable sales in the 90001 submarket. The upside is immediate: two units, including the rear ADU, can be delivered vacant, allowing a new owner to set rents at market from day one or occupy a unit while the remaining four cover the mortgage. In-place rents on the occupied units sit up to 29% below market, giving an investor a clear path to grow income on turnover and push the return well beyond the current CAP. The 2022 ADU adds a newer, low-maintenance unit to the mix, and the entirely single-story layout with no elevated balconies means no SB 721 inspection and lower long-term upkeep. Eligible for 100% bonus depreciation via cost segregation. Close to the USPS Los Angeles Processing & Distribution Center, the Vernon and Commerce industrial corridors, the 110, 105, and 10 freeways, and the Metro A Line. Buyer to verify all information....
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Home facts
- Year built:1949
- Listing ID #:26103127
- Added:7 day(s) ago
- Updated:October 27, 2026 at 06:04 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Kitchen Description:Microwave, Refrigerator
- Living area:2,328 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1949
- Building area:2,328 sq. ft.
- Lot area:0.12 Acres
- Levels:1 Story
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$397.34
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