932 W 74th ST Pending

Los Angeles,CA 90044

$ 950000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25010759

HOA Y/N No

Year Built 1926

Lot Size 5,601 Sqft

Property Sub-Type Mixed Use

Property Description

Discover this 8-unit multifamily property in South Los Angeles, offering a total of (8) 1-Bed/1-Bath units. With 4,565 SF of rentable space situated on a sizable 5,602 SF lot, this property provides strong in-place income with a 5.14% CAP and a 8.95 GRM. Investors will appreciate the 54% rental upside potential, aligning with a projected market CAP of 10.85% and a market GRM of 5.82. Conveniently located near the 110 Freeway and just moments away from retail and dining options on Manchester Ave, this property is ideally positioned in a highdemand rental market. Don't miss this opportunity to acquire a well-located asset with significant upside potential.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre,Rectangular Lot

Faces North

Story 2

Entry Level Two

Sewer Public Sewer,Unknown

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6020005011

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

View More
Favorite Go Tour