1320 W 97th Street, Los Angeles, CA 90044
List Price: $1.68M
Listing Status: Active
0Days on Market: 88
12 Bedrooms · 8 Bathrooms · 6,111 sq ft
Property Type: ResidentialIncome
Year Built: 1963
Lot Size: 6,505 sq ft
MLS Number: 26644955
About This Property
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.
Listing provided by: Sam Grayeli DRE #01299288 310-525-3711 sgrayeli@brcadvisors.com, BRC Advisors- BH
Source: CRMLS, MLS #: 26644955
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