1232 94Th St, Los Angeles, CA 90044

5 Unit Apartment Building | $1,100,000 ($220,000/Unit) | 7.34% Cap Rate | Los Angeles, CA 90044

Asking Price $1,100,000

Property Type
Multifamily
Square Feet
4,225 SF

Listing Contacts

Griffin White
Griffin White

Property Overview

The unit mix consists of five 2+1 units. The investment consists of approximately 4,225 of rentable square feet and is situated on an approximately 9,230 square foot parcel. Recent property upgrades include a two units being recently renovated with new cabinets, new lights, new ceiling fans, and new bathroom vanities.. The building amenities include a large parking area with five total spaces, two unused gates garages, and the property is separately metered for gas and electricity.
Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers are licensed real estate brokers in the state of California.

Property Details

Class
C
Year Built
1954
Stories
1
Lot Size (sq. ft)
9,148 SF
Units
5

Highlights

  • UNIT MIX: LARGE FIVE 2+1 UNITS
  • TWENTY NINE PERCENT RENTAL UPSIDE
  • TWO UNITS HAVE BEEN RECENTLY RENOVATED
  • SECURED FRONT PATIO
  • LARGE DRIVEWAY WITH SIX PARKING SPACES
  • NEW BUILDING AND UNIT NUMBERS

FAQ

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