1043 W 91st - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$1,399,000 USD
310-301-3090
1043 W 91st, Los Angeles, CA for Sale
$1,399,000 USD
Apartments - FOR SALE
1/2
null | 7.4% Cap Rate

1043 W 91st
Los Angeles, CA 90044
Westmont


OVERVIEW

MAJOR PRICE REDUCTION !! LA County Well Maintained 8 Unit Apartment Building in a few short miles east of LAX and Inglewood and very close to both 110 and 105 Freeways. Property consist of 4 ( 1Bed/ 1 Bath) 2 ( 2 Bed/ 1Bath), and 2 ( 2 Bed/ 2 Bath ) units. Ample parking for all Tenants including one Large Garage and Tremendous Upside in Rents as Most Tenants are below Market Current monthly Rent is over $12,000 with a 10.08 GRM at Actual rents and 7.7 GRM at Market Rents. Motivated Seller !

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

8

PRICE/UNIT

$174,875

CAP RATE

7.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,492 SF

ZONING

R32, L.A. County

APN/PARCEL ID

6047-015-030

ASK ABOUT THIS PROPERTY

Martin WatkinsWatkins Realty & InvestmentsMore Info
310-301-3090

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Martin WatkinsWatkins Realty & InvestmentsMore Info
310-301-3090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.