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 Details
Price:
$1,850,000
MLS #:
26643499
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Jan 26, 2026
Finished Sq Ft:
5,184
Total Sq Ft:
5,184
Lot Size:
7,992 sqft / 0.18 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Cooling
NO
Heating
NO
Exterior
Parking Spots
8
Financial
Map
Community
- Address3120 W 71st ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 16, 2026
7,202
Single Family Listed
88
Avg DOM
510
Avg $ / SqFt
$1,492,002
Avg List Price
Property Summary
- 3120 W 71st ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90043. It is listed for $1,850,000 and features 12 beds, 6 baths, and has approximately 5,184 square feet of living space, and was originally constructed in 1990. The current price per square foot is $357. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,492,002.
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