$720,000
SOLD SEP 5, 2025
8 Beds
4 Baths
3,226 Sq Ft
7,058 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

4% Below List Price

33 Days on Market

About This Home

As of September 2025

722 W 79th St is a value-add 4-unit apartment building located in the heart of a rapidly growing pocket of Los Angeles. The property offers an ideal unit mix of four (4) 2-Bed/1-Bath units with over 130% rental upside. Aggressively priced at $230/SF, many comparable 4-plexes in the area are trading above $350/SF post-renovation. An investor has the potential to reposition the asset and exit at a valuation north of $1.1M. This property also works well as a-long term hold, with a pro forma cap rate of 12.02% based on conservative market rents. Sitting on a 7,056 SF lot, the oversized 3,226 SF building offers ample space and potential for value creation. Located just minutes from USC, Downtown LA, Exposition Park, BMO Stadium, the Arts District, Lucas Museum, LA Live, and more, 722 W 79th St stands to benefit from the billions of dollars in development transforming the surrounding area.

Last Agent to Sell the Property

Aaron Jacobson

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 07/23/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Peter James

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #01748556

Last Buyer's Agent

Cristina Corea

Stonewood Realty Group Inc. License #01871833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,614

Year Built

  • Built in 1921

Lot Details

  • 7,058 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,226 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 355
  • Tax Tract Number 1
  • Assessor Parcel Number 6032027020
  • $598 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $26,472
  • Gross Income $52,341
  • Net Operating Income $24,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,614

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Price Per Unit: 187500
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6032027020
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 223.19

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7058.00
  • Lot Size Acres: 0.1620

Multi Family

  • Gross Income: 52341.00
  • Gross Operating Income: 50771.00
  • Gross Scheduled Income: 52341.00
  • Lot Size Area: 7058.0000 Square Feet
  • Net Operating Income: 24299.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 26472.00
  • Rent Control: Yes
  • Total Expenses: 26472.00

Tax Info

  • Tax Census Tract: 2383.10
  • Tax Lot: 355
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2025
Closed on
Aug 28, 2025
Sold by
Sola Impact Fund Ii Lp
Bought by
Munoz Jose Luis Rodrigu
Seller's Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cristina Corea
Stonewood Realty Group Inc.
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
532.50%
Original Mortgage
$540,000
Outstanding Balance
$540,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$207,057

Purchase Details

Listed on
Jun 13, 2018
Closed on
Sep 13, 2018
Sold by
Malone Sylvester
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
CLYDE SPARROW
First Choice Real Estate & Inv
Buyer's Agent
CLYDE SPARROW
First Choice Real Estate & Inv
List Price
$675,000
Sold Price
$535,000
Premium/Discount to List
-$140,000
-20.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$401,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 3, 2018
Sold by
Malone Dorothy N
Bought by
Malone Sylvester
Seller's Agent
CLYDE SPARROW
First Choice Real Estate & Inv
Buyer's Agent
CLYDE SPARROW
First Choice Real Estate & Inv
List Price
$675,000
Sold Price
$535,000
Premium/Discount to List
-$140,000
-20.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2015
Sold by
Malone Sylvester
Bought by
Malone Sylvester and Malone Cecelia

Purchase Details

Closed on
May 5, 1994
Sold by
Malone Sylvester
Bought by
Malone Sylvester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
9.49%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $720,000 Provident Title
Grant Deed $535,000 Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $401,250 Construction
Previous Owner $401,250 Commercial
Previous Owner $401,250 Commercial
Previous Owner $401,250 Commercial
Previous Owner $145,000 Unknown
Previous Owner $93,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $720,000 -4.0% $223 / Sq Ft
07/23/2025 07/23/25 For Sale $750,000 +40.2% $232 / Sq Ft
09/23/2018 09/23/18 Sold $535,000 -20.7% $166 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $675,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,614 $596,798 $429,473 $167,325
2024 $7,614 $585,097 $421,052 $164,045
2023 $7,478 $573,626 $412,797 $160,829
2022 $7,150 $562,379 $404,703 $157,676
2021 $7,047 $551,353 $396,768 $154,585
2019 $6,847 $535,000 $385,000 $150,000
2018 $1,409 $82,793 $26,900 $55,893
2017 $1,388 $81,171 $26,373 $54,798
2016 $1,320 $79,580 $25,856 $53,724
2015 $1,306 $78,386 $25,468 $52,918
2014 $1,341 $76,852 $24,970 $51,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25165097

California Regional Multiple Listing Service (CRMLS)

APN: 6032-027-020