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1027 W 91st Street
USD 1,550,000
Property ID: SB25018301
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1027 W 91st Street ,90044
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icon 18933 SqFt
icon Built in 1906
icon USD 82/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
5837
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1906
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Detailed Introduction Of This Home
1027 W 91st Street is a value add 8-unit multifamily property in South Los Angeles. The three buildings, totaling 5,837 sq. ft., consist of (1) 3Bd+2Ba, (2) 2Bd+1Ba, (4) 1Bd+1Ba and (1) Studio. They are situated on a huge 18,933 sq. ft. lot that is zoned *R3. This is the first time that this property has been on the market in 40 years. Attractive seller financing is available and coupled with a current 6.71% cap rate and 9.48 GRM, the cash-on-cash return could be approximately 11% from day one. There is a large, paved lot in the rear of the property with 12 parking spaces. A new owner should consider adding ADUs here to further increase the value.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (17)
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1027 W 91st Street
USD 1,550,000 0 Beds
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