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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,675,000

Est. payment - /mo

12 Beds

8 Baths

6,111 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,111 sqft

Price per Sqft $274

MLS Listing ID 26644955

Bedrooms 12

HOA Y/N No

Year Built 1963

Lot Size 6,503 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Appliance Disposal

Laundry None

Exterior

Parking Features Attached Carport, Carport

Community Features Gated

Total Parking Spaces 16

Building

Entry Level Multi/Split

Foundation Raised

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6056016017

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Special Listing Condition Standard

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Listed by Sam Grayeli BRC Advisors- BH #01299288

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1320 W 97th ST Los Angeles, CA 90044