1036 W 95Th St Los Angeles, CA 90044
9-unit multifamily property with income potential near Downtown Los Angeles.
Lot size:
0.22 AcresProperty Features for 1036 W 95Th St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.22 Acres
Building Details
- Year built
- 1962
Source:
Elliman
Listing Agent: Jesse Dougherty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
9-Unit Multifamily Property For Sale
This 9-unit multifamily property features a consistent unit mix of all 2-bedroom, 1-bath units. Currently, the property is 88.9% occupied with one vacant unit, presenting immediate lease-up potential. The property generates $155,162 in gross income and approximately $81,656 in NOI. Leasing the vacant unit at a projected $1,900 per month increases potential annual income to approximately $174,468. The property is conveniently located near the 110 Freeway and major transportation corridors, providing access to Downtown Los Angeles, Inglewood, and surrounding South Los Angeles neighborhoods.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2932894
- Latitude
- 33.94956
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 9-unit multifamily property with income potential near Downtown Los Angeles.
Where is this apartment building located?
The property is located at 1036 W 95Th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - High Income Potential: Current $155,162 gross income and $81,656 NOI with potential to increase.; - Strong Cap Rate: 6.28% cap rate at asking price, with potential to reach 7.07% stabilized.; - Immediate Lease-Up Opportunity: One vacant unit provides immediate income increase potential.
