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  • 3458 W 67th St Los Angeles, 
  • Listing Price: $1,225,000 Sold Price: $1,259,000
    Beds: 7  |  Baths: 4
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    • MLS#: 24-394437
    • APN#: 4006-022-002
    • Status: Sold
    • Lot Size: 5041
    • Sq Ft: 3726
    • Beds: 7
    • Baths: 4
    • Style: N/A
    • Year Built: 1966
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: N/A
    • Heat: None
    • Air: None
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Parks - Hills - Heights 
    • City: Los Angeles
    • Zip code: 90043
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # 4
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool:
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Uncovered

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Remarks Community Report
On the market for the first time in seven years, this property offers a rare investment opportunity for buyers and investors. Two of the four units are vacant and recently renovated, making them move-in ready. With 50% of the units available for market-rate rental upon acquisition, investors can benefit from high cash flow without the complexities of below-market tenants. This is particularly advantageous given the stringent rent control regulations in Los Angeles and potential changes in tenant protection laws. At the projected Section 8 rate of $3,000 for two-bedroom units, buyers can expect a stabilized cap rate of just under 8% with potential for positive leverage in a challenging interest rate environment. The property features modern amenities such as a remote-controlled security gate, ample on-site parking, and a convenient laundry facility, catering to contemporary living needs. Each unit, averaging 925 square feet, offers spacious layouts with in-unit heating and abundant natural light, creating a welcoming and comfortable living environment.
Seller's Agents
Buyer's Agents
Last Updated: 7/19/2024 3:52:39 PM
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Properties & rentals in this MLS are subject to the Fair Housing Act. It is illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation or discrimination. This MLS will not knowingly accept any advertising that is in violation of the law. All dwellings advertised are available on an equal opportunity basis. The information provided by Combined LA/Westside Multiple Listing Service, Inc. is intended for the sole and exclusive use of its Participants and Subscribers. The information provided herein is copyrighted in 2026 by Combined LA/Westside Multiple Listing Service, Inc., Los Angeles, California. Any unauthorized use or disclosure to persons or entities other than to authorized Participants and Subscribers is strictly prohibited and a violation of the copyright.

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