ResidentialIncomeMixedUseCALos Angeles900441036 W 95th, Los Angeles, CA, US, 90044

1036 W 95th, Los Angeles, CA, US, 90044

1036 W 95th, Los Angeles, CA, US, 90044
$1,300,000
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Basics

  • Date added: Added 4 months ago
  • Category:
  • Type:
  • Status:
  • Lot size: 9470, 9470 sq ft
  • Year built: 1962
  • County: Los Angeles
  • MLS ID: SB26046177

Description

  • 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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