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632 W 79th Street

Los Angeles, CA 90044

– beds
– baths
– sqft
7,648 sqft lot
2023 build
– on site

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.

Listed By CRMLS_CA / Brian Davis / Douglas Elliman of California / 9495629119

Last checked: Checking… • Last updated Apr 29, 2025 •

MLS# OC25090025 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2023
Year Built Source:

Builder
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

5187.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Roof:

Composition
Foundation:

Slab
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Levels:

One, Two
Entry Location:

front of property
Fireplace:

No
Fireplace:

None
Laundry:

Inside
Laundry:

1

Financial & Terms

Disclosures:

Principal Is RE Licensed

Location

Directions:

Between Hoover St and Figueroa St on South side of street
Latitude:

33.96753700
Longitude:

-118.28522500

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LARD1.5
Lot Features:

2-5 Units/Acre, Level with Street
Lot Size Area:

7648.0000
Lot Size Acres:

0.1756
Lot Size SqFt:

7648.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood, Wrought Iron
Fence:

Yes
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2383.10
Tax Tract:

/
Tax Lot:

361

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6032027026

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Photovoltaics Seller Owned, Standard
Water Source:

Public

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Features:

Curbs
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Driveway
Parking Spaces:

12.00
Garage Spaces:

6.00
Uncovered Spaces:

3.00
Carport Spaces:

3.00

Extra Units

Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/28/25 Apr 28, 2025	Listed / Active	CRMLS_CA	$2,350,000	213.3% (62.3% / YR)
11/24/21 Nov 24, 2021		CRMLS_CA	$750,000	25.0%
11/11/21 Nov 11, 2021		CRMLS_CA	$599,999

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This multifamily located in South LA, Los Angeles, CA 90044 is currently for sale for $2,350,000. 632 W 79th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 22 days. 632 W 79th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 62, making it somewhat walkable. This multifamily is in the attendance area of Mary Mcleod Bethune Middle School, Mervyn M Dymally Senior High, and Loren Miller Elementary School.

Listing Courtesy of: CRMLS_CA and Douglas Elliman of California. Based on information from California Regional Multiple Listing Service, Inc. as of 07:29 on May 20.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.