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$ 2,250,000
Est. payment /mo
Active
811 W 97th Street Los Angeles, CA 90044
6,670 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,670 sqft
Price per Sqft $337
MLS Listing ID CL26640597
HOA Y/N No
Year Built 1958
Lot Size 10,000 Sqft
Acres 0.2296
Property Sub-Type Other
Property Description
8.35% CAP & 8.52 GRM! We are pleased to offer this ten unit investment opportunity, located in the City of Los Angeles. This 10-unit multi-family property features a well-balanced unit mix of six 1-bedroom/1-bath units and four 2-bedroom/1-bath units, all of which have been recently renovated. The property benefits from strong in-place fundamentals supported by consistent rental demand in one of Los Angeles' most established rental markets. Recent capital improvements include newer exterior paint, upgraded exterior lighting, and new building and unit numbering, enhancing curb appeal and tenant experience. Each unit is separately metered for gas and electricity, providing operational efficiency and long-term expense control. The property also offers a large on-site parking area with 10 spaces, a valuable amenity in a dense urban environment.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6054001019

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Listed by Griffin White • BRC Advisors- BH
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