1036 W 95th, Los Angeles, CA, US, 90044
1036 W 95th, Los Angeles, CA, US, 90044
Basics
- Date added: Added 5 days ago
- Category: ResidentialIncome
- Type: MixedUse
- Status: Active
- Lot size: 9470, 9470 sq ft
- Year built: 1962
- County: Los Angeles
- MLS ID: SB26046177
Description
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Description:
Great opportunity to acquire a 9-unit multifamily property featuring a consistent and highly desirable all 2-bedroom, 1-bath unit mix. The property is currently 88.9% occupied with one vacant unit, providing immediate lease-up potential. The property generates $155,162 in gross income and approximately $81,656 in NOI, representing a 6.28% cap rate at the $1,300,000 asking price. Leasing the vacant unit at a projected $1,900 per month increases potential annual income to approximately $174,468 and produces an estimated 7.07% stabilized cap rate. Conveniently located near the 110 Freeway and major transportation corridors, the property provides access to Downtown Los Angeles, Inglewood and surrounding South Los Angeles neighborhoods.
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Location
- Directions: Vermont Ave to W 95th
- Lot Size Acres: 0.2174 acres
Building Details
- Water Source: Public
- Lot Features: Lawn,Level
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: NoCommonWalls
- Garage Spaces: 0
- Number Of Buildings: 1
Amenities & Features
- Pool Features: None
- Parking Total: 9
- Laundry Features: None
Expenses, Fees & Taxes
- Trash Expense: $1,701
- Operating Expense: $73,507
- Insurance Expense: $2,000
Agent info
- Agent name: Jesse Dougherty
- Agent MLS: sbdougjes
- Agent email: jesse@realtorjd.com
- Agent officephone: 310-241-3038
- Agent direct phone: 310-995-4475
Miscellaneous
- List Office Name: Compass
- Listing Terms: Cash,CashToNewLoan,Conventional,Exchange1031
- Common Interest: None
- Community Features: Sidewalks
- Attribution Contact: 310-995-4475
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