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$899,999
Est. payment /mo
4 Beds
6,752 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 SB25166593
Bedrooms 4
Lot Size 6,752 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,Exchange
Property Type Res Income 2-4 Units
Property Description
We are proud to present 1220 W 91st St, Los Angeles a prime multifamily investment opportunity in one of L.A.s rapidly evolving neighborhoods. Situated on a 6,752 sq ft R3 lot, this well-maintained 6-unit property offers a strong unit mix of one 2-bed/1-bath and five 1-bed/1-bath apartments, ideal for attracting a broad tenant base. A commuters dream, the location boasts quick access to both the 110 and 105 freeways, connecting you to Downtown, the South Bay, and LAX within minutes. With a current CAP rate of 4.72% and a GRM of 12.28, this asset is already producing stable income but with room to grow. At market rents, investors can achieve a projected 9.26% CAP rate and 7.64 GRM, offering excellent upside potential. Priced at just $297 per square foot, 1220 W 91st St represents incredible value for savvy investors looking for long-term appreciation and cash flow in a dynamic L.A. submarket.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Head northwest on I-405 N 2.1 mi Take the exit onto I-105 E 5.3 mi Take exit 7A for Vermont Ave 0.2 mi Turn left onto S Vermont
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6047019006
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Stephen Takahashi Lyon Stahl Investment Real Estate, Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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