No Photos
Image 1 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Image 2 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Image 3 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Image 4 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Image 5 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Image 6 - 1850 E 71st St, Los Angeles, California, 90001 - House for sale
Home For Sale In Los Angeles, California
1850 E 71st St, Los Angeles, California, 90001

Home For Sale In Los Angeles, California

house for sale
views
Listed: 05/26/24

1850 E 71st St, Los Angeles, California, 90001

10 Bed:
6 Bath:
2,300 Sq Ft Living Area:
Save
Price
$ 1,3M

About This House

1850 E.71st St is a 5-unit value-add property offered at a 6.45% CAP and10.09 GRMon current rents. The property consists of (1) 3-bdrm. and 2-bath unit, (3) 2-bdrm. units and (1) 1-bdrm. unit that generate approx. $10, 737in monthly gross income. 1850 E.71st St. presents approx. 30% rental upside compared to renovated units in the area. The property will stabilize at a 9.26% CAP and7.78 GRMby achieving market rents. Located just north of Florence Ave, this value-add opportunity is located 0.5 miles from Plaza La Alameda, a community center (opened in 2008) that is home to220, 000 SFof retail space and18, 000Sf of office space. In addition, the property is located 1 mile east of Pacific Blvd, the commercial heart of Huntington Park. 1850 E.71st Street can be purchased individually or as part of a 5-property South LA portfolio. Please contact LA1 for more information.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,35M

10
5
3,104 Sq Ft

$1,35M

Available: Right Now

Listed: 27/06/2024

1115 E 75th St, Los Angeles, California, 90001

House
10
5
3,104 Sq Ft

We are pleased to present1115 E75th St, a 5-unit bungalow apartment community located in the Florence neighborhood of South Los Angeles, CA. The property, including a fully permitted ADU built in 2022, is comprised of an excellent unit mix of (3) 2 b...

$1,35M

10
6
3,606 Sq Ft

$1,35M

Available: Right Now

Listed: 27/06/2024

907 E 88th St, Los Angeles, California, 90002

House
10
6
3,606 Sq Ft

This well-maintained duplex built in 2019, not subject to LA City control, features two spacious units, each with 5 bedrooms and 3 bathrooms. The property is perfect for investors or owner-user. Both units are currently occupied by a non-profit progr...

$1,2M

10
6
3,515 Sq Ft

$1,2M

Available: Right Now

Listed: 29/06/2024

154 E 84th Pl, Los Angeles, California, 90003

House
10
6
3,515 Sq Ft

Great investment opportunity in Los Angeles! We are pleased to offer a spacious duplex in a tree-line Street Los Angeles. This newer duplex was built in 2018, not being subject to rent control. It consists of a total 10 bedrooms, 6 bathrooms, 3 cars ...

$1,15M

10
4
3,978 Sq Ft

$1,15M

Available: Right Now

Listed: 27/06/2024

625 E 49th St, Los Angeles, California, 90011

House
10
4
3,978 Sq Ft

An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough ...

$1,26M

10
5
4,112 Sq Ft

$1,26M

Available: Right Now

Listed: 27/06/2024

340 W 62nd St, Los Angeles, California, 90003

House
10
5
4,112 Sq Ft

Corner property has two address: House = 340 w. 62nd St and 4 units = 6210 Grand Ave. All units are 2 bedrooms and 1 bath. House and 2 units had been upgraded. Property is very private secured gate and fences with lock access. Property is well-mainta...

$1,2M

10
5
2,741 Sq Ft

$1,2M

Available: Right Now

Listed: 29/06/2024

125 E 104th St, Los Angeles, California, 90003

House
10
5
2,741 Sq Ft

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 125 E104th St is a Fully Stabilized 5 unit apartment in Los Angeles County. Priced at a9.32 GRMand 7.48% Current Cap rate, this asset is the best Cap Rate in this submarket ...