945 W 76Th Street, Los Angeles, CA 90044
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Listed Price :
$1,398,000
-
Beds :
10
-
Baths :
5
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Property Size :
3,603 sqft
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Year Built :
1921
Property Description
Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8% cap rate with a 7.99 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 10.17% cap rate and a 7.66 GRM upon optimization. Potential 12.78% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.00% *Cap Rate (Pro Forma): 10.17% *GRM (Current): 7.99 *GRM (Pro Forma): 7.66. ***contact us for more information***
Interior Features
| Bedroom Information |
| Bedrooms |
10 |
| Bathroom Information |
| Bathrooms |
5 |
Listing Information
| Address |
945 W 76Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Kelly Morgan DRE #01898026 |
| Courtesy Of |
KW Advisors |
| List Price |
$1,398,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,603 |
| Lot Size |
5,592 |
| Year Built |
1921 |
Listing information courtesy of: Kelly Morgan, KW Advisors. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 12:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
