945 W 76th ST new

Los Angeles,CA 90044

$ 1398000

10 Beds

5 Baths

3603 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,603 sqft

Price per Sqft $388

MLS Listing ID 25495183

Bedrooms 10

HOA Y/N No

Year Built 1921

Lot Size 5,593 Sqft

Property Description

Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8% cap rate with a 7.99 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 10.17% cap rate and a 7.66 GRM upon optimization. Potential 12.78% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.00% *Cap Rate (Pro Forma): 10.17% *GRM (Current): 7.99 *GRM (Pro Forma): 7.66. ***contact us for more information***

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features None

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6020008031

Special Listing Condition Standard

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