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$ 1,675,000
Est. payment | /mo
7 Beds
6,111 SqFt
$ 1,675,000
Est. payment | /mo
7 Beds
6,111 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 6,111 sqft
Price per Sqft $274
MLS Listing ID CL26644955
Bedrooms 7
HOA Y/N No
Year Built 1963
Lot Size 6,505 Sqft
Acres 0.15
Property Sub-Type OTHER
Property Description
1320 W. 97th Street presents a well-located eight-unit multifamily investment offering scale, strong unit mix, and durable rental demand in Los Angeles. Constructed in 1963, the property consists of four (4) spacious one-bedroom/one-bath units and four (4) two-bedroom/one-bath units, totaling approximately 6,332 rentable square feet on a 6,503-square-foot lot. The balanced unit mix appeals to a broad tenant base and supports stable occupancy and diversified income. The property is located in unincorporated Los Angeles County, which can offer a more favorable regulatory environment compared to certain city-controlled assets. Tenants benefit from ample on-site gated and secure parking and gated access to the property, features that enhance safety, tenant retention, and overall marketability. The surrounding area supports consistent rental demand due to proximity to employment centers, transportation corridors, and neighborhood amenities. This asset is well-suited for investors seeking steady cash flow with value-add upside, whether through interior upgrades, operational efficiencies, or future rent growth as units turn. The property's size, layout, and location make it an attractive long-term hold in a supply-constrained Los Angeles rental market.
Location
State CA
County Los Angeles
Zoning LCR320U*
Interior
Heating Wall Furnace
Fireplace No
Laundry No Hookups
Exterior
Total Parking Spaces 16
Building
New Construction No
Others
Tax ID 6056016017

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Listed by Sam Grayeli • BRC Advisors- BH
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447






