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For Sale

$1,455,000

9,152 sqft$159/sqft73 days on market

925 W 84th ST

Los Angeles, CA 90044

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

9,152

Square feet

1915

Built

Listing narrative

Description

7-Unit Multifamily Investment Opportunity | Large Lot | Unit Mix of (One) 3-Bedroom/1-Bathroom Unit & (Six) 1-Bedroom/1-Bathroom Units | 4 of 7 Units Currently VACANT, Offering Significant Lease-Up & Value-Add Potential | Approximately $14,400/Month & $172,800/Year in Pro-Forma Gross Rental Income | 6.60% Pro-Forma Cap Rate | 8.82 Pro-Forma GRM | Approximately $217,857 Per Unit | 3 Units Currently Occupied & 4 Units Vacant | Significant Opportunity to Renovate, Lease Up & Stabilize the Property | Located in an Area Experiencing Continued Investment and New Development, Including The SEED School of Los Angeles County, South LA Cafe and Other Nearby Projects | Convenient Access to Major Transportation, Employment Centers, Schools, Retail & Amenities | Attractive Value-Add Opportunity for Investors Seeking Rental Upside and Long-Term Potential!

Listing agent (MLS): Sebastian Lopez · Listing brokerage (MLS): The Ave

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,455,000

Beds

Beds n/a

Type

Condo

Home Size

9,152 sqft

Baths

Baths n/a

Lot Size

0.21 acres

Year

1915

Status

For Sale

Days on Market

73

$ / Sqft

$159

· 8% down, 7% APR, 30yr fixed
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Courtesy of The Ave