Los Angeles, CA 90044,945 W 76th St
Los Angeles, CA 90044,945 W 76th St
Los Angeles, CA 90044,945 W 76th St
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$1,298,000
Est. payment /mo
10 Beds
5 Baths
3,603 SqFt
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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


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TheMLS (CLAW)
Listed by KW Advisors

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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