426 E 79th Street, Los Angeles, CA 90003
- $890,000
- 8
- BD
- 4
- BA
- 2,848
- SqFt
- Sold Price
- $890,000
- List Price
- $890,000
- Closing Date
- Nov 07, 2025
- Status
- CLOSED
- MLS#
- 25593181
- Year Built
- 1965
- Bedrooms
- 8
- Bathrooms
- 4
- Living Sq. Ft
- 2,848
- Lot Size
- 4,775
- Acres
- 0.11
- Days on Market
- 7
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
426 E 79th St | 4-Unit Multifamily in South Los Angeles. 1965 construction on a 4,775 SF R2-1 lot with 2,848 SF of living area; efficient layouts with (4) 2-bed / 1-bath units. (1 Vacant) One unit to be delivered vacant at close, allowing immediate lease-up at market rents or potential owner-occupancy. Two units stabilized under Section 8 contracts provide guaranteed income. Attractive sub-$900k price point with a ~7.43% current cap and ~10.85% pro forma; strong tenant demand and ~43% rental upside in a transit-connected South LA neighborhood.
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Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Levels
- Multi/Split
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Taylor Avakian (taylor@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Taylor Avakian from Lyon Stahl Investment Real Estate, Inc.
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