1017 W 95th Street, Los Angeles, CA 90044
List Price: $1.35M
Listing Status: Active
0Days on Market: 0
17 Bedrooms · 9 Bathrooms · 7,450 sq ft
Property Type: ResidentialIncome
Year Built: 1967
Lot Size: 9,228 sq ft
MLS Number: 26888261
About This Property
We are pleased to present 1017 W 95th Street, a 9-unit multifamily investment opportunity in South Los Angeles. The property sits on a 9,228 SF parcel with 7,450 SF of building area and a unit mix of (1) 1Bed+1Bath and (8) 2Bed+1Bath units. The offering generates a current cap rate of 7.69% on a GRM of 7.66,providing a stabilized return at an attractive basis. Two vacant units at acquisition give an incoming owner an immediate path to push rents toward the $1,985 market average without waiting on turnover. On-site parking totals 9 spaces (4 tuck-under, 5 carport), and the rear detached carports present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify).The surrounding South Los Angeles submarket continues to benefit from significant private investment tied to the adjacent Inglewood entertainment corridor, anchored by SoFi Stadium and the Hollywood Park mixed-use development. 1017 W 95th Street offers a proven in-place return, near-term upside, and exposure to a submarket where basis at this level is increasingly hard to find.
Listing provided by: Neema Ahadian DRE #01346750 310-909-5500 neema@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26888261
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.