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1040 W 91st Street

Los Angeles (City), CA 90044
  • $3,725,000
  • STATUS: Active
  • ON SITE: 179 Days
  • ID#: 23306851
$3,725,000
  • 31
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,496
    SQFT
  • $438
    $/SQFT
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Daniel Shieh of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

9/25/23 PRICE ADJUSTMENT - 1040 W 91st St, Los Angeles is a beautiful turnkey 11-unit asset in the dense rental market of unincorporated West Athens. The property is professionally managed and the property has undergone extensive remodeling through capital expenditures totaling over $300,000, including new LVP flooring, LED lighting, AC, full kitchen remodel (counters, shaker style cabinetry, range ovens, refrigerators), full bathroom remodel (fiberglass shower surround and vanities), and more. The 8,496 square foot building resides on a 9,513 square foot lot and is comprised of nine (9) 3 bed/1 bath, one (1) 3 bed/2 bath, and one (1) 2 bed/2 bath units. Twelve (12) dedicated carports are located in the rear of the parcel. Tenants enjoy convenient access to all that the greater Los Angeles area offers with quick access to the 110, 105, 405 and 10 Freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/143108702
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1040 W 91st Street Los Angeles (City), CA 90044

  • Price: $3,725,000
  • Status: Active
  • On Site: 179 Days
  • ID#: 23306851
31
Beds
0
Baths
0
½ Baths
0.22
Acres
8,496
SQFT
$438
$/SQFT
1963
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
9/25/23 PRICE ADJUSTMENT - 1040 W 91st St, Los Angeles is a beautiful turnkey 11-unit asset in the dense rental market of unincorporated West Athens. The property is professionally managed and the property has undergone extensive remodeling through capital expenditures totaling over $300,000, including new LVP flooring, LED lighting, AC, full kitchen remodel (counters, shaker style cabinetry, range ovens, refrigerators), full bathroom remodel (fiberglass shower surround and vanities), and more. The 8,496 square foot building resides on a 9,513 square foot lot and is comprised of nine (9) 3 bed/1 bath, one (1) 3 bed/2 bath, and one (1) 2 bed/2 bath units. Twelve (12) dedicated carports are located in the rear of the parcel. Tenants enjoy convenient access to all that the greater Los Angeles area offers with quick access to the 110, 105, 405 and 10 Freeways.
Exterior Features

Carport YN Yes Parking Features Carport Parking Total 10

Interior Features

Appliances Disposal Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Cap Rate 5.8 Gross Income 322548 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 219608 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LCR320U*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
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Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Daniel Shieh of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)