1043 W 95th Street, Los Angeles, CA 90044

$1,199,000

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List Agent Matias Stofenmacher () 8184645707 Edgestone Real Estate, Inc.; CoList ()

List Price
$1,199,000
Status
ACTIVE
MLS#
PW26150820
Year Built
1910
Lot Size
9,232
Lot Location
Rectangular Lot
Days on Market
19
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

We are pleased to present this well-maintained 5-unit asset delivering exceptionally high day-one cash flow, with an over 9.11% CAP rate and an ultra-low 8.62 GRM—a true turnkey, low-touch investment. Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied compound 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 taken to the studs and rebuilt, 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. Located directly across from a highly rated elementary school, the property sits in unincorporated Los Angeles County (NO DWP!), offering one of the highest day-one cap rates available in Los Angeles with even more rental upside ahead. First time on the market in nearly 40 years and not subject to Los Angeles City RSO or LAHD inspections. Bring your investors!

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.