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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 Type(s):
Residential Income
| Last Updated | 1/26/2026 | Year Built | 1990 |
|---|---|---|---|
| Community | PHHT - Park Hills Heights | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | PHHT - Park Hills Heights |
| HEAT | None |
| LOT | 7993 sq ft |
| LOT DIMENSIONS | 47x170 |
| PARKING | Covered |
| STORIES | 2 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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