Millman Team Real Estate

$890,000
8 Bed
4 Bath
2,848 Sqft
0.11 Acre Lot

426 E 79th Street, Los Angeles, California 90003

  • Residential Income Property Type
  • 2,848 Sqft Square Footage
  • Driveway Cars Garage
  • 1965 Year Built
Property Description

426 E 79th St | 4-Unit Multifamily in South Los Angeles. 1965 construction on a 4,775 SF R2-1 lot with 2,848 SF of living area; efficient layouts with (4) 2-bed / 1-bath units. (1 Vacant) One unit to be delivered vacant at close, allowing immediate lease-up at market rents or potential owner-occupancy. Two units stabilized under Section 8 contracts provide guaranteed income. Attractive sub-$900k price point with a ~7.43% current cap and ~10.85% pro forma; strong tenant demand and ~43% rental upside in a transit-connected South LA neighborhood.

Basic Details
Residential Income
For Sale
25593181
$890,000
8
4
2,848 Sqft
1965
0.11 Acre
Active Under Contract
Features
: Wall Furnace
: Wall/Window Unit(s)
: Driveway
$0
Address Map
CA
Los Angeles
Los Angeles
90003
79th
426
Street
Near Avalon and E 79th Street
C37 - Metropolitan South
E
LAR2
Additional Information
$0
$0
$0
$0
$0
2848
: Multi/Split
4
2025-09-15
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Taylor Avakian
Listing Information
CLW-C138326
CLW-X82195
Active Under Contract
2025-10-04T03:37:20Z
CRMLS
: Standard
2025-09-26T00:00:00Z
Agent info
Ray Millman
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