Prime Newer Construction 4-Unit Investment Opportunity
Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 — with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space.
Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line.
Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking.
Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 — with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space.
Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line.
Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking.
Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
Property Details
Price:
$2,350,000
MLS #:
OC25090025
Status:
Active
Baths:
0
Address:
632 W 79th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
90044
Lot Size:
7,648 sqft / 0.18 acres (approx)
Year Built:
2023
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Schools
Interior
Appliances
Refrigerator
Cooling
None
Fireplace Features
None
Heating
Central
Exterior
Community Features
Curbs
Electric
Photovoltaics Seller Owned, Standard
Fencing
Wood, Wrought Iron
Foundation Details
Slab
Garage Spaces
6.00
Lot Features
2-5 Units/ Acre, Level with Street
Parking Features
Driveway
Parking Spots
12.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address632 W 79th Street Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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632 W 79th Street
Los Angeles, CA
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