945 W 76th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $360
MLS Listing ID 25495183
Bedrooms 10
Year Built 1921
Lot Size 5,592 Sqft
Acres 0.1284
Property Sub-Type Multi-Family
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 8.18% cap rate with a 9.01 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 11.06% cap rate and a 7.11 GRM upon optimization. Potential 12.62% 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): 8.18% *Cap Rate (Pro Forma): 11.06% *GRM (Current): 9.01 *GRM (Pro Forma): 7.11. ***contact us for more information***
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Air Conditioning
Equipment Other
Exterior
Parking Features None
Building
Level or Stories Multi/Split
Others
Special Listing Condition Standard