1043 W 95th Street, Los Angeles, CA 90044

$1,199,000

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List Price
$1,199,000
Status
ACTIVE
MLS#
PW26150820
Year Built
1910
Lot Size
9,232
Acres
0.21
Lot Location
Rectangular Lot
Days on Market
18
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

We are pleased to present this well-maintained 5-unit asset delivering exceptionally high day-one cash flow, with an over 9.11% CAP rate and an ultra-low 8.62 GRM—a true turnkey, low-touch investment. Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied compound features a massive remodeled single-family home in front and two fully remodeled detached duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been taken to the studs and rebuilt, leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilities—including water and trash—if the new owner chooses. Located directly across from a highly rated elementary school, the property sits in unincorporated Los Angeles County (NO DWP!), offering one of the highest day-one cap rates available in Los Angeles with even more rental upside ahead. First time on the market in nearly 40 years and not subject to Los Angeles City RSO or LAHD inspections. Bring your investors!

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$143,400
Operating Expense
30071

Listing courtesy of Listing Agent: Matias Stofenmacher (ms@edgestonere.com) from Listing Office: Edgestone Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.