Listing provided courtesy of Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-08-02 08:11:37.000000. Listing information © 2025 Sandicor.
Asking Price: $750,000 |
722 79th, Los Angeles CA 90044
Community: C36 - Metropolitan Southwest
This Quadruplex property was built in 1921 and is priced at $750,000. Please see the additional details below.
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.
