722 W 79th St,
Los Angeles, CA 90044
已成交 成交價: $72萬 成交日期: 2025年09月05日
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

7058 平方英呎
(656平方米)

1921 年

2

地產編號: SB25165097
所處郡縣: LA
面積單價:$223.19/sq.ft ($2,402 / 平方米)
房屋簡介

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.

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