1017 W 95th St, Los Angeles, CA 90044
1017 W 95th St, Los Angeles, CA 90044
1017 W 95th St, Los Angeles, CA 90044
30
See all 30 photos
$1,350,000
Est. payment /mo
Save
17 Beds
9 Baths
7,450 SqFt
New

1017 W 95th St Los Angeles, CA 90044

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,450 sqft

Price per Sqft $181

MLS Listing ID 26888261

Bedrooms 17

Year Built 1967

Lot Size 9,228 Sqft

Acres 0.2119

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1017 W 95th Street, a 9-unit multifamily investment opportunity in South Los Angeles. The property sits on a 9,228 SF parcel with 7,450 SF of building area and a unit mix of (1) 1Bed+1Bath and (8) 2Bed+1Bath units. The offering generates a current cap rate of 7.69% on a GRM of 7.66,providing a stabilized return at an attractive basis. Two vacant units at acquisition give an incoming owner an immediate path to push rents toward the $1,985 market average without waiting on turnover. On-site parking totals 9 spaces (4 tuck-under, 5 carport), and the rear detached carports present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify).The surrounding South Los Angeles submarket continues to benefit from significant private investment tied to the adjacent Inglewood entertainment corridor, anchored by SoFi Stadium and the Hollywood Park mixed-use development. 1017 W 95th Street offers a proven in-place return, near-term upside, and exposure to a submarket where basis at this level is increasingly hard to find.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 9.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Candi Marshall

Candi Marshall

Realtor & TV Host RE.S.0072180

+1(702) 523-1759

Name
Phone*
Message

Go tour this home

1017 W 95th St