660 W 94th Street, Los Angeles, CA 90044

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Glen Henderson

[email protected] +1(619) 889-7646

$900,000

Est. payment - /mo

7 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25105200

Bedrooms 7

Property Sub-Type Res Income 2-4 Units

Property Description

660 W 94th Street offers an exceptional opportunity to acquire a low-maintenance, non-rent-controlled duplex in a prime South Los Angeles location. Built in 2009, this modern construction asset benefits from minimal upkeep and is exempt from local rent control ordinances, making it ideal for both cash flowfocused investors and potential owner-users. The property features two large units: one 4-bedroom/2-bath unit and one 3-bedroom/2-bath uniteach offering spacious layouts well-suited for families or shared living arrangements. The property currently generates a strong in-place return with a 5.88% CAP rate and 12.02 GRM, with upside to reach a 6.66% market CAP and 10.95 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parkingan increasingly rare feature in this dense urban submarket. Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.

Location

State CA

County Los Angeles

Zoning Assessor

Direction on the corner of S Hoover Street and W 94th Street.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 6039010031

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Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

660 W 94th Street Los Angeles, CA 90044

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information