1220 91st Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25166593
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to present 1220 W 91st St, Los Angeles a prime multifamily investment opportunity in one of L.A.s rapidly evolving neighborhoods. Situated on a 6,752 sq ft R3 lot, this well-maintained 6-unit property offers a strong unit mix of one 2-bed/1-bath and five 1-bed/1-bath apartments, ideal for attracting a broad tenant base. A commuters dream, the location boasts quick access to both the 110 and 105 freeways, connecting you to Downtown, the South Bay, and LAX within minutes. With a current CAP rate of 4.72% and a GRM of 12.28, this asset is already producing stable income but with room to grow. At market rents, investors can achieve a projected 9.26% CAP rate and 7.64 GRM, offering excellent upside potential. Priced at just $297 per square foot, 1220 W 91st St represents incredible value for savvy investors looking for long-term appreciation and cash flow in a dynamic L.A. submarket.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 2