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$ 1,525,000
Est. payment /mo
New
925 W 84th Los Angeles, CA 90044
6 Beds
4 Baths
9,154 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26176885
Bedrooms 6
Lot Size 9,154 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction Vermont Avenue, head west on W 84th Street.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6032009016
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://mosaic-property-solutions.aryeo.com/sites/925-w-84th-st-los-angeles-ca-90044-28286195/branded
Listed by Sebastian Lopez, DRE#02239260 The Ave