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1043 W 95th ST Los Angeles, CA 90044
9,230 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26207492
HOA Y/N No
Year Built 1910
Lot Size 9,230 Sqft
Property Sub-Type Apartment
Property Description
A fully occupied 5-unit compound delivering exceptionally high day-one cash flow at an 8.53% CAP rate and 8.62 GRM, in good condition and a recent full roof replacement across all three structures, including complete tear-off and replacement of the wood decking; not simply a new layer over the old. This is a true turnkey, low-touch investment that is exceedingly rare at this performance level in the Los Angeles market. The property features a massive remodeled single-family home in front and two fully remodeled detached duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been remodeled and leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilities including water and trash if the new owner chooses. Additional rental upside remains ahead. Situated in unincorporated Los Angeles County, the property is not subject to Los Angeles City RSO or LAHD inspections, and benefits from DWP-free utility billing. Located directly across from a highly rated elementary school in a stable, established pocket.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6056009036
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Matias Stofenmacher Edgestone Real Estate, Inc. 818-464-5707, DRE #01705003