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Listed by Greg Bassirpou • Marcus & Millichap RE Invest
$2,390,000
Est. payment /mo
5,177 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,177 sqft
Price per Sqft $461
MLS Listing ID CROC25169862
HOA Y/N No
Year Built 1955
Lot Size 6,199 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are pleased to present the 79th Street Apartments, an 8-unit multifamily property located in the rapidly evolving South Los Angeles submarket. The asset features (5) one-bedroom/ one-bathroom units, (1) two-bedroom/ one-bathroom unit, and (2) newly constructed Accessory Dwelling Units (ADUs) completed in 2025. The property sits on a corner lot totaling approximately 6,199 square feet. The original six units have been fully renovated to include new flooring, modern kitchens and bathrooms, upgraded fixtures, new electrical systems, and fresh paint. The two newly built three-bedroom/ two-bathroom ADUs are highly upgraded, offering modern kitchens and bathrooms with quartz countertops, recessed lighting, individual water heaters, and A/C units. Located just minutes from Downtown Los Angeles, USC, and major transit corridors including the 110 and 105 Freeways, this asset benefits from high rental demand and convenient access to job centers throughout the city. The 90003 zip code is undergoing significant transformation with new development, city reinvestment, and infrastructure improvements driving interest from investors. The area continues to show strong rental fundamentals, improving demographics, and considerable upside as surrounding neighborhoods gentrify.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Corner Lot, Other
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