1043 W 95th Street, Los Angeles, California, United States, 90044

1,149,000
for Sale
9,232

About the property:

A fully occupied 5-unit compound delivering exceptionally high day-one cash flow at an 8.96% CAP rate and 8.26 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.
Property Type:
Apartment
Status:
for Sale
Acres:
0.2119
Square Feet:
3337
Directions:
W 95th St & Vermont Ave
Is Art:
Yes
Is Apartment:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Market:
Yes
Is School:
Yes
Is Unit:
Yes
Listing ID:
PW26207492

Rooms

Dimensions

Brokered by:
Edgestone Real Estate, Inc.
Presented By: