$1,525,000
Est. payment /mo
9,151 Sqft Lot
Coming Soon
925 W 84th Los Angeles, CA 90044
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID DW26176885
HOA Y/N No
Year Built 1915
Lot Size 9,151 Sqft
Property Sub-Type Apartment
Property Description
7-Unit Multifamily Investment Opportunity | Large Lot | Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Six) 1-Bedroom/1-Bathroom Units | 4 of 7 Units Currently Vacant, Offering Significant Lease-Up & Value-Add Potential | Approximately $14,400/Month & $172,800/Year in Pro-Forma Gross Rental Income | 6.60% Pro-Forma Cap Rate | 8.82 Pro-Forma GRM | Approximately $217,857 Per Unit | 3 Units Currently Occupied & 4 Units Vacant | Significant Opportunity to Renovate, Lease Up & Stabilize the Property | Located in an Area Experiencing Continued Investment and New Development, Including The SEED School of Los Angeles County, South LA Cafe and Other Nearby Projects | Convenient Access to Major Transportation, Employment Centers, Schools, Retail & Amenities | Attractive Value-Add Opportunity for Investors Seeking Rental Upside and Long-Term Potential!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Asphalt, Driveway Level
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Foundation Raised
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 6032009016
Energy Description 2400.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Sebastian Lopez The Ave 562-396-6243, DRE #02239260
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