1220 91st ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25166593
Year Built 1926
Lot Size 6,752 Sqft
Source California Regional MLS
Property Description
We are proud to present 1220 W 91st St, Los Angeles - a prime multifamily investment opportunity in one of L.A.'s rapidly evolving neighborhoods. Situated on a 6,752 sq ft R3 lot, this well-maintained 6-unit property offers a strong unit mix of one 2-bed/1-bath and five 1-bed/1-bath apartments, ideal for attracting a broad tenant base. A commuter's dream, the location boasts quick access to both the 110 and 105 freeways, connecting you to Downtown, the South Bay, and LAX within minutes. With a current CAP rate of 4.72% and a GRM of 12.28, this asset is already producing stable income - but with room to grow. At market rents, investors can achieve a projected 9.26% CAP rate and 7.64 GRM, offering excellent upside potential. Priced at just $297 per square foot, 1220 W 91st St represents incredible value for savvy investors looking for long-term appreciation and cash flow in a dynamic L.A. submarket.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry 30,9
Exterior
Parking Features Off-Street Parking
Pool None
Building
Water District - Public
Others
Tax ID 6047019006
Special Listing Condition Not Applicable