620 E 79th Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

620 E 79th Street

Los Angeles, CA 90001
6 Beds
5 Baths
2,328 Sq Ft
Built 1949
$925,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1949
Living area
2,328 sq ft
Lot size
5,206 sq ft
Stories
1
Days on market
0
MLS status
Active
Zoning
LAR4

Features & Amenities

Appliances

  • Microwave
  • Refrigerator

Parking

  • None

Community, Schools & Utilities

Community

Fireplace
Yes

Utilities

Heating
NaturalGas
Cooling
CentralAir
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Location & Neighborhood

620 E 79th Street

Los Angeles, CA 90001

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Frequently Asked Questions About 620 E 79th Street

Property type: Residential Income

The current asking price is $925,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 620 E 79th Street. Our team will confirm availability and timing.
This 6 bedrooms and 5 bathrooms property offers approximately 2,328 square feet of living space. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Benjamin Lee
MLS ID: CLW-C145142

Available property

$925,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.