$2,350,000

632 W 79th St Los Angeles, CA 90044

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 632 W 79th St

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.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
Lot size0.1756 Acres
Year built2023
ParkingDriveway
MLS #OC25090025
Garage6 spaces

Summary

  • Appliances: Refrigerator
  • Fireplace: None
  • Garage Space: 6 spaces
  • Private Pool: No
  • Parking: Driveway
  • Heating: Central
  • Cooling: None
  • List Price: $2,350,000
  • HOA Amount: $0
  • Annual Tax Amount: $27,740
  • Tax Year: 2024
  • Directions: Between Hoover St and Figueroa St on South side of street
  • Year Built: 2023
  • Stories: 2
  • Lot Size: 0.1756 Acres
  • MLS Number: OC25090025
  • MLS Name: CRMLS
  • Office Name: Douglas Elliman of California
  • Office Phone: (949) 562-9119
  • Listing Agent: Brian Davis

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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632 W 79th St, Los Angeles, CA 90044 - rear view of house with stucco siding, a yard, a residential view, and a fenced front yard

$2,350,000

632 W 79th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 17, 2023
Home Sold
$2,250,000
Nov 24, 2021
Home Sold
$750,000

Tax history

YearAssessmentProperty Tax
2024$2,295,000$27,740
2023$765,000$9,511
2022$750,000$9,077
2021$310,731$3,974
2020$307,545$3,861
2019$301,516$3,763
2018$295,605$3,685
2017$289,809$3,685

History based on county public records data.

Nearby schools

4

Loren Miller Elementary School

Public District KG-6

0.2 mi

830 W 77th St

6

Kipp Empower Academy

Public Charter KG-4

0.4 mi

8466 S Figueroa St

3

75th Street Elementary School

Public District KG-6

0.6 mi

142 W 75th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,884. Typical income of Los Angeles, CA residents is less than $<35k annually. The most common type of family is single, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

73%
<35k
22%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
36%
Single, with Kids
8%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 632 W 79th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $2,350,000.

Los Angeles, CA housing market in April 2025 saw over 395 listings sold above listed price, more than 148 sold at listed price and over 328 sold below. Between March and April 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.2%. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.

From Rocket Homes Real Estate and based on county public records data.

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