#PW25113705, Juan Huizar, Listing Office: Sage Real Estate Group, Inc.

632 W 79th St Los Angeles, CA 90044
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
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
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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$2,350,000
632 W 79th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 17, 2023 | Home Sold | $2,250,000 |
Nov 24, 2021 | Home Sold | $750,000 |
Tax history
Year | Assessment | Property 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.
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.
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.