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$ 1,398,000
Est. payment /mo
New
945 W 76th ST Los Angeles, CA 90044
10 Beds
5 Baths
3,603 SqFt
UPDATED:
02/07/2025 12:14 AM
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
Listed by Kelly Morgan • KW Advisors