660 W 94th St - Multi-Family FOR SALE


Los Angeles, CA 90044- South Central LA
$950,000 USD
310-780-1899
660 W 94th St, Los Angeles, CA for Sale
$950,000 USD
Multi-Family - FOR SALE
1/14
null | 5.5% Cap Rate

660 W 94th St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • 2009 Construction –No Rent Control and Minimal Maintenance
  • Large Units – (1) 4-Bed/2-Bath & (1) 3-Bed/2-Bath | Ideal for Cash Flow or Owner-User
  • Strong in-place Income - 5.50% CAP | 12.68 GRM
  • Good Upside - 6.25% Market Cap | 11.56 Market GRM
  • Detached 2-Car Garage + 5 Tandem Driveway Spaces
  • Prime South Los Angeles with Easy Access to 110 Freeway

OVERVIEW

660 W 94th Street offers an exceptional opportunity to acquire a low-maintenance, non-rent-controlled duplex in a prime South Los Angeles location. Built in 2009, this modern construction asset benefits from minimal upkeep and is exempt from local rent control ordinances, making it ideal for both cash flow–focused investors and potential owner-users. The property features two large units: one 4-bedroom/2-bath unit and one 3-bedroom/2-bath unit—each offering spacious layouts well-suited for families or shared living arrangements. The property currently generates a strong in-place return with a 5.50% CAP rate and 12.68 GRM, with upside to reach a 6.25% market CAP and 11.56 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parking—an increasingly rare feature in this dense urban submarket. Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$534 USD /SF

# OF UNITS

2

PRICE/UNIT

$475,000

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large Duplex in South LA

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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