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3120 W 71st StreetLos Angeles, CA 90043

For Sale

$1,850,000

Smart Buyer Rebate $18,500

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.

Listed by Jake Glaser

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License #02128816

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Lyon Stahl Investment Real Estate, Inc.

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310-494-6368

Listed by Spencer Chan

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License #02197531

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Lyon Stahl Investment Real Estate, Inc.

Last updated January 26, 2026

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Source: CRMLS #26643499

Listing Facts

  • TypeMulti-family
  • NeighborhoodHyde Park
  • Bedrooms12
  • Days on Prevu4
  • Size5,184 sqft
  • Price per sqft$357

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/26/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,850,000

Property Details for 3120 W 71st Street

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1990

Measurements

  • Building Area Total: 5,184
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,992
  • Lot Size Dimensions: 47,170
  • Lot Size Square Feet: 7,992
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.79
  • Gross Income: $167,760.00

Taxes

  • Parcel Number: 4006030006

Interior

Measurements

  • Living Area: 5,184

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: Covered
  • Parking Total: 8

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 12 bedrooms in this multi-family home at 3120 W 71st Street.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 3120 W 71st Street.

How does 3120 W 71st Street compare to other multi-family homes in Hyde Park?

This multi-family home is listed 17% above the average price for multi-family homes in Hyde Park and has been on the market for 83 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,184 sqft.

3120 W 71st Street is a 12-bedroom multi-family home for sale in Los Angeles CA 90043. On Prevu for 4 days at $1,850,000. This property features 5,184 square feet of living space, located in Hyde Park. The median listing price for multi-family homes in this area is $949,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.