16
See all 16 photos
$950,000
Est. payment /mo
5,602 Sqft Lot
Pending
932 W 74th ST Los Angeles, CA 90044
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UPDATED:
02/28/2025 01:42 AM
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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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.