1036 W 95th, Los Angeles, CA 90044

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ResidentialIncome Active

1036 W 95th

$1,300,000

Overview

Property ID: HZSB26046177

MixedUse
Property Type

0
Garage

1962
Year Built

Description

Great opportunity to acquire a 9-unit multifamily property featuring a consistent and highly desirable all 2-bedroom, 1-bath unit mix. The property is currently 88.9% occupied with one vacant unit, providing immediate lease-up potential. The property generates $155,162 in gross income and approximately $81,656 in NOI, representing a 6.28% cap rate at the $1,300,000 asking price. Leasing the vacant unit at a projected $1,900 per month increases potential annual income to approximately $174,468 and produces an estimated 7.07% stabilized cap rate. Conveniently located near the 110 Freeway and major transportation corridors, the property provides access to Downtown Los Angeles, Inglewood and surrounding South Los Angeles neighborhoods.