811 W 97th Street, Los Angeles, CA 90044

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811 W 97th Street

$2,295,000

Overview

Property ID: HZ26640597

14
Bedrooms

10
Bathrooms

6670
Sq Ft

1958
Year Built

Description

8.01% CAP & 8.56 GRM! We are pleased to offer this ten unit investment opportunity, located in the City of Los Angeles. This 10-unit multi-family property features a well-balanced unit mix of six 1-bedroom/1-bath units and four 2-bedroom/1-bath units, all of which have been recently renovated. The property benefits from strong in-place fundamentals supported by consistent rental demand in one of Los Angeles’ most established rental markets. Recent capital improvements include newer exterior paint, upgraded exterior lighting, and new building and unit numbering, enhancing curb appeal and tenant experience. Each unit is separately metered for gas and electricity, providing operational efficiency and long-term expense control. The property also offers a large on-site parking area with 10 spaces, a valuable amenity in a dense urban environment.