$ 1,675,000
-
$1,675,000
Price -
12
Bed -
8
Bath -
6,111
SqFt
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About the Listing CLW-X82405 - CLW-C124753,CLW-C105332
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 Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances: Disposal
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 16
- Lot Dimensions: 50x130
- Zoning: LCR320U*
- Roof:
- Others: Stone,Wood Siding
- Sewer:
- Parking Features: Attached Carport,Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6056016017
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1320 W 97th St Los Angeles, CA 90044
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