945 W 76th St - Apartments FOR SALE


Los Angeles, CA 90044- South Central LA
$1,248,000 USD
310-836-3638
945 W 76th St, Los Angeles, CA for Sale
$1,248,000 USD
Apartments - FOR SALE
1/15
null | 8% Cap Rate

945 W 76th St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • In-place 8.00% Cap rate | 9.12 GRM | 10.23% pre tax cash flow
  • Pro Forma Cap: 10.39% | Pro Forma GRM: 7.44

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% cap rate with a 9.12 GRM, 10.23% pre-tax cash flow. By simply turning the Front House Buyer could achieve an estimated 9.27% cap rate, 8.25 GRM and 14.08% pre-tax cash flow with an estimated investment of $80,000 for tenant buyout and upgrading interior & adding a bedroom to make the SFR a 3+1 House.

FOR SALE DETAILS

PRICE

$1,248,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

5

PRICE/UNIT

$249,600

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8% Cap, 9.12 GRM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,600 SF

ZONING

LARD1.5

APN/PARCEL ID

6020-008-031

ASK ABOUT THIS PROPERTY

Kelly MorganKelly Morgan Multifamily GroupMore Info
310-836-3638

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Kelly MorganKelly Morgan Multifamily GroupMore Info
310-836-3638

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