8715 Regina Ct, Los Angeles, CA 90044

8715 Regina Ct, Los Angeles, CA 90044

Los Angeles, CA
$1,175,000

Property Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not just profitability, but sustained financial growth. An ideal unit mix, featuring (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this building. 8715 Regina Ct is in a very attractive submarket, sandwiched between Inglewood, Gardena and Downtown Los Angeles.

Property Features

  • Sale Price: $1,175,000
  • Year Built: 1905
  • Units: 6
  • Current GRM: 9.65
  • Current Cap Rate: 6.03%
  • Market GRM: 5.28
  • Market Cap Rate: 13.64%