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$ 1,500,000
Est. payment | /mo
7,450 SqFt
$ 1,500,000
Est. payment | /mo
7,450 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,450 sqft
Price per Sqft $201
MLS Listing ID CL26848297
HOA Y/N No
Year Built 1967
Lot Size 9,228 Sqft
Acres 0.2118
Property Sub-Type Other
Property Description
We are pleased to present 1017 W 95th Street, a well-positioned multifamily investment opportunity in South Los Angeles. The property sits on a 9,228 SF parcel and contains 7,450 SF of building area, comprising a 9-unit multifamily building with a strong in-place income profile and immediate operational upside. The unit mix consists of (1) 1Bed+1Bath and (8) 2Bed+1Bath units, providing a tenant-friendly configuration well-suited to the surrounding residential demand base. On-site parking includes 9 dedicated spaces 4 tuck-under and 5 carport a meaningful amenity in this submarket that supports both tenant retention and rental competitiveness. The property generates an attractive stabilized cap rate, offering an incoming owner a proven return at a compelling basis. The surrounding South Los Angeles submarket continues to benefit from significant private investment in the adjacent Inglewood entertainment corridor, anchored by SoFi Stadium and the Hollywood Park mixed-use development, driving sustained residential demand in the immediate trade area.1017 W 95th Street represents a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong in-place cash flow, ample on-site parking, and exceptional transit access all at a basis that is increasingly difficult to replicate across the South Los Angeles submarket.
Location
State CA
County Los Angeles
Zoning LCR320U*
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6056009031
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Listed by Neema Ahadian • Marcus & Millichap
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