3120 West 71st Street

Los Angeles, CA 90043

$2,100,000
Price
12
Beds
6
Baths
5,184 Sq. Ft.
$405 / Sq. Ft.
5,184
Sq. Ft.
$405
per Sq. Ft.

Description

This property is well maintained and fully occupied. Built in 1990; not under the RSO rent control. All units are two (2) bedroom / one (1) bathroom.This property is well maintained and fully occupied. Built in 1990; not under the RSO rent control. All units are two (2) bedroom / one (1) bathroom.
  1. Listed by Albert Banks • DRE #00819160 • Brokerage DRE #00511817 • AOA Commercial Brokerage

Property Details for 3120 West 71st Street

Zoning
LAR3
Parcel Number
4006030006
Total Units
6.0
Living Area
5184
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
Lot Size Area
7992
LISTING UPDATED: 12/02/2024 12:03 PM

Property Details for 3120 West 71st Street

StatusActive
MLS #24-458569
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.18 AC / 7,992 SF
CountyLos Angeles County

Building Information for 3120 West 71st Street

Stories1Residences-Year Built1990Building Size-Lot Size0.18 AC / 7,992 SF

Property Information for 3120 West 71st Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $166,173
  • Net Operating Income: $117,867.00
  • Gross Income: $171,312
  • Gross Rent Multiplier: $12.26
  • Total Annual Expense: 48306
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1835
  • Lot Size Square Feet: 7992
  • Lot Size Dimensions: 47x170
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 2
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-30-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,380.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,380.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,396.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,396.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $260,540.00
  • Assessed Improvement Percent: 41.18
  • Assessed Land Value: $372,205.00
  • Assessed Land Percent: 58.82
  • Assessed Total Value: $632,745.00

Property History for 3120 West 71st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3120 West 71st Street

Taxable ValueLand$379,649Additions$265,750Total$645,399
Tax Record2024$8,858 ($738 / month)
Home Facts
Total Finished SqFt5,184 SqFtAbove Grade Finished SqFt5,184 SqFtStories1Lot Size7,990 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLAR3CountyLOS ANGELESAPN4006-030-006

Schools near 3120 West 71st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Seventy-Fourth Street Elementary School
PublicK to 5

Alliance Leadership Middle Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3120 West 71st Street is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on October 28, 2024 by AOA Commercial Brokerage, it's currently listed at $2,100,000. It has been on the market for a total of 54 days and was last sold on August 21, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Seventy-Fourth Street Elementary School, Alliance Leadership Middle Academy and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 3120 West 71st Street is a 12-bed, 6-bath, 5,184 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AOA Commercial Brokerage, Albert Banks, DRE #00819160

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.