Properties
Los Angeles, CA 90044 1036 W 95th
$1,300,000
4 more
Presented By: Jesse Dougherty with Compass; 310-995-4475
Baths • 1
SQFT • 7,568
Home Details
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.
Presented By: Jesse Dougherty with Compass; 310-995-4475
Interior Features for 1036 W 95th
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1036 W 95th
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.07
Carport Spaces9
Carport Y/NYes
CityLos Angeles
Community FeaturesSidewalks
ContingencyNone
CountyLos Angeles
DirectionsVermont Ave to W 95th
Entry Location1
Garage Spaces
Garage Y/NNo
Gross Income155162
Insurance Expense2000
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet9470
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income81655
New ConstructionNo
Number Of Units Total9
Number of Units Leased8
Operating Expense73507
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Lot242
Tenant PaysAll Utilities
Total Actual Rent12639
Trash Expense1701
Year Built1962
Year Built SourceAssessor
Exterior for 1036 W 95th
Building Area Total7568
Lot FeaturesLawn, Level
Lot Size Acres0.2174
Lot Size Area9470
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters9
Private PoolNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
