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

  • $1,049,000
  • $1,049,000
1246 W 96th Street , Los Angeles, CA 90044
Active For Sale
1246 W 96th Street , Los Angeles, CA 90044
  • $1,049,000
  • $1,049,000

Description

Cash Cow! Perfect for an Owner User. 7.16% Cap Rate and
10.42 GRM! Can deliver 1 or 2 units vacant at the close of
escrow upon buyer’s choice.
Beautifully remodeled triplex located at 1246 W 96th St, Los
Angeles! This gem is comprised of a 4Bed+2Bath House
and two 2Bed+1Bath duplex in the back. Both 2Bed+1Bath
units are currently vacant and are rent/owner-user ready.
Once the property is fully occupied, it will operate at a
7.16% CAP and 10.42 GRM – this is the best cash-flow deal
on the market!
1246 W 96th St features stunning remodels, including new
floors, cabinets, countertops, bathrooms, appliances, etc.
There is also copper plumbing and central AC throughout
both buildings, as well as a new roof and washer/dryer
hookups on the 4Bed house. All interior work has been
done for the new owner making this an extremely low
maintenance property ! Plenty of parking throughout – 2
parking spots for each 2Bed units and 6 spots for the 4Bed
House.
With one of the high CAP rate and lowest GRM on the
market, this is the perfect investment for any buyer
looking for high cash-flow and low maintenance or a
move-in-ready property where your tenants pay your
mortgage.

  • Address 1246 W 96th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044

Details

Updated on November 30, 2023 at 11:15 am
  • Property ID: SB23179711
  • Price: $1,049,000
  • Land Area: 0.1642 Acres
  • Year Built: 1957
  • Property Type: Triplex
  • Property Status: Active

Additional details

  • PropertySubType: Triplex
  • Fireplace Features: None
  • Pool Features: None
  • Cooling: Central Air
  • Zone: LCR320U*
  • Days On Market: 55
  • Garage Spaces: 0.00
  • LotSize SquareFeet: 7154.00
  • Lot Features: 0-1 Unit/Acre
  • Community Features: Urban
  • Sewer: Public Sewer

Features

Listed by

Lyon Stahl Investment Real Estate, Inc.
Agent Name : Cameron Samimi
Agent State License : 02035763

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