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811 W 97th St

Los Angeles CA 90044

14
10
10
6670 sq. ft.
10000 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

14 bedrooms
10 bathrooms
10 carspaces
6670 sq. ft. floor area
10000 sq. ft. lot size
Other

Property history for 811 W 97th St

2022
Sold
Undisclosed
01 Jul 2022
2018
Sold
$1,500,000
03 Dec 2018 by Joanne Brown, of Jb Real Estate & Invest Inc

Happy sellers in Los Angeles

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Local market activity for 14 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.14-bedroom other similar to 811 W 97th St, have been sold.

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