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!
| MLS # | DW26176885 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 14 |
| Listing Provided By | The Ave | Sebastian Lopez |
| SQ Feet | 4,620 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 2 |
| Acreage | 0.21 |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
| Foundation Details | Raised |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Parking Features | Asphalt, Driveway Level |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $1,525,000 low | high Med: $749,788 sqft: 4,620 low | high Med: 2,214 $ / sqft: $330 low | high Med: $515 On site: 14 low | high Med: 283.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $1,525,000 low | high Med: $749,788 sqft: 4,620 low | high Med: 2,214 $ / sqft: $330 low | high Med: $515 On site: 14 low | high Med: 283.5 | |
![]() | $1,250,000902 W 84th StreetLos Angeles, CA 90044 |