932 W 74th St, Los Angeles, CA 90044

932 W 74th St, Los Angeles, CA 90044

Los Angeles, CA
$950,000

Property Description

Discover this 8-unit multifamily property in South Los Angeles, offering a total of (8) 1-Bed/1-Bath units. With 4,565 SF of rentable space situated on a sizable 5,602 SF lot, this property provides strong in-place income with a 5.14% CAP and a 8.95 GRM. Investors will appreciate the 54% rental upside potential, aligning with a projected market CAP of 10.85% and a market GRM of 5.82. Conveniently located near the 110 Freeway and just moments away from retail and dining options on Manchester Ave, this property is ideally positioned in a highdemand rental market. Don’t miss this opportunity to acquire a well-located asset with significant upside potential.

Property Features

  • Sale Price: $950,000
  • Area Size: 4,565 Sq Ft
  • Land Area: 5,602 sq ft lot
  • Year Built: 1926
  • Units: 8
  • Current GRM: 8.95
  • Current Cap Rate: 5.14%

Lyon Stahl Investment Real Estate

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