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$ 995,000
Est. payment | /mo
4 Beds
3 Baths
$ 995,000
Est. payment | /mo
4 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25166593
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to present 1220 W 91st St, Los Angeles a prime multifamily investment opportunity in one of L.A.s rapidly evolving neighborhoods. Situated on a 6,752 sq ft R3 lot, this well-maintained 6-unit property offers a strong unit mix of one 2-bed/1-bath and five 1-bed/1-bath apartments, ideal for attracting a broad tenant base. A commuters dream, the location boasts quick access to both the 110 and 105 freeways, connecting you to Downtown, the South Bay, and LAX within minutes. With a current CAP rate of 4.72% and a GRM of 12.28, this asset is already producing stable income but with room to grow. At market rents, investors can achieve a projected 9.26% CAP rate and 7.64 GRM, offering excellent upside potential. Priced at just $297 per square foot, 1220 W 91st St represents incredible value for savvy investors looking for long-term appreciation and cash flow in a dynamic L.A. submarket.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Head east on 6th Ct toward Hermosa Ave 259 ft Turn right onto Hermosa Ave 0.2 mi Turn left onto 2nd St 0.2 mi Turn left onto Val
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6047019006
Listed by Stephen Takahashi Lyon Stahl Investment Real Estate, Inc.