$925,000
 $4,966 est/mo Sourced by Back At You

620 E 79th Street,Los Angeles, CA 90001

Los Angeles, CA 90001

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Description

We are pleased to present 620 E 79th St, a five-unit multifamily property in South Los Angeles featuring four 1BD/1BA units and a 720 SF 2BD/1BA ADU built in 2022, on a 5,204 SF lot. Priced at $925,000 ($185,000/unit, $397/SF), the property offers a 9.95% CAP and 7.40 GRM on in-place income, a basis well below recent comparable sales in the 90001 submarket. The upside is immediate: two units, including the rear ADU, can be delivered vacant, allowing a new owner to set rents at market from day one or occupy a unit while the remaining four cover the mortgage. In-place rents on the occupied units sit up to 29% below market, giving an investor a clear path to grow income on turnover and push the return well beyond the current CAP. The 2022 ADU adds a newer, low-maintenance unit to the mix, and the entirely single-story layout with no elevated balconies means no SB 721 inspection and lower long-term upkeep. Eligible for 100% bonus depreciation via cost segregation. Close to the USPS Los Angeles Processing & Distribution Center, the Vernon and Commerce industrial corridors, the 110, 105, and 10 freeways, and the Metro A Line. Buyer to verify all information.

Details

MLS #26103127
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1949
Days On Site11
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Benjamin Lee

Features

Bed(s)6
Bath(s)5
SQ Feet2,328
Story(s)1
Units5
Building(s)3
ZoningLAR4
Acreage0.12

Interior

CoolingCentral Air
HeatingNatural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesMicrowave, Refrigerator
Fireplace Yes / NoYes

Parking

Parking FeaturesNone

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90001
AreaC37 Metropolitan South
Listing VS Median (in 90001)
Price:
$925,000
low | high
Med:
$749,900
68.92972972973% of Average
sqft:
2,328
low | high
Med:
1,516
84.879725085911% of Average
$ / sqft:
$397
low | high
Med:
$495
25.506867289453% of Average
On site:
11
low | high
Med:
60
18.333333333333% of Average
Sourced by Back At You

Market Activity 90001

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90001
AreaC37 Metropolitan South
Listing VS Median (in 90001)
Price:
$925,000
low | high
Med:
$749,900
68.92972972973% of Average
sqft:
2,328
low | high
Med:
1,516
84.879725085911% of Average
$ / sqft:
$397
low | high
Med:
$495
25.506867289453% of Average
On site:
11
low | high
Med:
60
18.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $693K - $1.156M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
7908 Towne Avenue Property Photo 1
$750,000
7908 Towne Avenue
Los Angeles, CA 90003
Listing Updated: October 19, 2026 at 4:11:15 PM PDT

Benjamin Leaskou - Desert Lifestyle Properties