1246 W 96th Street, Los Angeles, CA, 90044

We are pleased to present this great opportunity to invest in an add-value triplex in the County Strip of Los Angeles. The property consists of a four bedroom – two bath front unit and a rear building containing 2 two bedroom – one bath units. The total square footage of the property is 2,808 and it sits on a large 7,154 square foot lot, which is zoned LCR320U. The four bedroom is currently vacant providing the new owner the ability to upgrade the unit and obtain market value. The 2 two bedrooms are currently renting for $1,133 and $1,300 respectively. Once the front unit is renovated and rented at market, the GRM will be 11.3 which is unheard of for a small apartment building. The CAP rate is 6.36 which is also very attractive.