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Listed by Sebastian Lopez, DRE #02239260 • The Ave
$ 1,525,000
Est. payment /mo
Active
925 W 84th Los Angeles, CA 90044
9,154 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26176885
Year Built 1915
Lot Size 9,154 Sqft
Source California Regional MLS
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 Window / Wall Unit
Laundry In Laundry Room
Exterior
Parking Features Other
Pool None
Building
Foundation Raised
Others
Tax ID 6032009016
Special Listing Condition Not Applicable
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