722 W 79th St is a value-add 4-unit apartment building located in the heart of a rapidly growing pocket of Los Angeles. The property offers an ideal unit mix of four (4) 2-Bed/1-Bath units with over 130% rental upside. Aggressively priced at $230/SF, many comparable 4-plexes in the area are trading above $350/SF post-renovation. An investor has the potential to reposition the asset and exit at a valuation north of $1.1M. This property also works well as a-long term hold, with a pro forma cap rate of 12.02% based on conservative market rents. Sitting on a 7,056 SF lot, the oversized 3,226 SF building offers ample space and potential for value creation. Located just minutes from USC, Downtown LA, Exposition Park, BMO Stadium, the Arts District, Lucas Museum, LA Live, and more, 722 W 79th St stands to benefit from the billions of dollars in development transforming the surrounding area.
Property Details
Price:
$750,000
MLS #:
SB25165097
Status:
Active
Baths:
0
Address:
722 W 79th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jul 22, 2025
State:
CA
ZIP:
90044
Lot Size:
7,058 sqft / 0.16 acres (approx)
Year Built:
1921
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Schools
Interior
Laundry Features
None
Exterior
Community Features
Sidewalks, Suburban, Urban
Parking Spots
0.00
Financial
Map
Community
- Address722 W 79th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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722 W 79th Street
Los Angeles, CA
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