945 W 76th St - Apartments FOR SALE


Los Angeles, CA 90044- South Central LA
$1,398,000 USD
310-836-3638
945 W 76th St, Los Angeles, CA for Sale
$1,398,000 USD
Apartments - FOR SALE
1/11
null | 8% Cap Rate

945 W 76th St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • 8% Cap with upside to 10.17% Cap
  • 1 Duplex, 1 SFR, 2 brand new ADUs
  • 12.78% pre tax Cash Flow
  • 16% IRR

OVERVIEW

Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8% cap rate with a 7.99 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 10.17% cap rate and a 7.66 GRM upon optimization. Potential 12.78% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.00% *Cap Rate (Pro Forma): 10.17% *GRM (Current): 7.99 *GRM (Pro Forma): 7.66. ***contact us for more information***

FOR SALE DETAILS

PRICE

$1,398,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

5

PRICE/UNIT

$279,600

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Open House Fri 2/14 @ 10am-11am RSVP w Kelly

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6020-008-031

ASK ABOUT THIS PROPERTY

Kelly MorganKelly Morgan Commercial GroupMore Info
310-836-3638

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Kelly MorganKelly Morgan Commercial GroupMore Info
310-836-3638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.