16
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$780,000
$950,000 17.9%
Est. payment /mo
5,601 Sqft Lot
Sold on 06/06/2025
932 W 74th ST Los Angeles, CA 90044
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Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25010759
Sold Date 06/06/25
HOA Y/N No
Year Built 1926
Lot Size 5,601 Sqft
Property Sub-Type Mixed Use
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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre, Rectangular Lot
Faces North
Story 2
Entry Level Two
Sewer Public Sewer, Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6020005011
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.