932 W 74th ST Pending

Los Angeles,CA 90044

$ 950000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRSB25010759

Originating Board California Regional MLS

Year Built 1926

Lot Size 5,602 Sqft

Property Description

Discover this 8-unit multifamily property in South Los Angeles, offering a total of (8) 1-Bed/1-Bath units. With 4,565 SF of rentable space situated on a sizable 5,602 SF lot, this property provides strong in-place income with a 5.14% CAP and a 8.95 GRM. Investors will appreciate the 54% rental upside potential, aligning with a projected market CAP of 10.85% and a market GRM of 5.82. Conveniently located near the 110 Freeway and just moments away from retail and dining options on Manchester Ave, this property is ideally positioned in a highdemand rental market. Don't miss this opportunity to acquire a well-located asset with significant upside potential.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Sewer TBD

Water District - Public

Others

Tax ID 6020005011

Special Listing Condition Not Applicable

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