Property Details
About this Property
Prime Newer Construction 4-Unit Investment Opportunity Built in 2023 by Ocean Development, this fully leased 4-unit property offers strong cash flow with current monthly rental income of $14,526 — with additional upside through future rent increases. Each spacious unit features 3 bedrooms, 2+ bathrooms, and approximately 1,300 sq ft of modern, high-quality living space. Designed for low maintenance and maximum appeal, each unit includes solid wood kitchen cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate electric, gas, and water meters ensure tenants pay their own utilities. Owned solar systems further reduce operational costs, maximizing your bottom line. Located in an area with strong tenant demand, the property is non-rent-controlled, offering flexibility for future rent growth. Parking is abundant with two 3-car garages servicing the front and rear units, plus additional off-street parking. Professional concierge property management is available, making this a turnkey, headache-free investment. A rare opportunity for investors seeking immediate cash flow, long-term appreciation, and a high-quality, easy-to-manage asset.
MLS Listing Information
MLS #
CROC25090025
MLS Source
California Regional MLS
Days on Site
29
Interior Features
Appliances
Other, Refrigerator
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Slab
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 6 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Brian Davis
Douglas Elliman of California
License #: 02067087
Phone: –
Co-Listing Agent
Joshua Altman
Douglas Elliman of California
License #: 01764587
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
632 W 79th St is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a 7,648 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,350,000 and was built in 2023. This address can also be written as 632 W 79th St, Los Angeles, CA 90044.
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This listing information is up-to-date as of April 29, 2025. For the most current information, please contact Brian Davis
