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Multifamily

844 W 92ND ST

844 W 92nd St, Los Angeles, CA 90044

Listing Price: $1,050,000

Cap Rate
7.09%
Number of Units
6
GRM
6.14
Occupancy
95.0%
Price/Unit
$175,000
Price/Gross SF
$250.96
Gross SF
4,184

Investment Overview

Marcus & Millichap is pleased to present 844 West 82nd Street, a six-unit multifamily property located on the corner of 82nd Street and Vermont Avenue in South Los Angeles. The unit mix consists of Three 2-bedroom, 2-bathroom units (approximately 750 square feet each) and three 1-bedroom, 1 bath units (approximately 644 square feet each). Situated on a large lot with eight onsite parking spaces, including a detached covered parking structure, the property offers strong value-add potential through rental upside and the possibility to add ADUs (buyer to verify). Located in a highdemand rental corridor just west of the 110 freeway, this property presents an excellent opportunity for value-add investors.

Investment Highlights

  • Tuck under parking
  • Favorable Unit Mix
  • Well Maintained.
  • Huge Rental Upside

Exclusively Listed By

Multifamily

844 W 92ND ST

Listing Price: $1,050,000

Cap Rate
7.09%
Number of Units
6
GRM
6.14
Occupancy
95.0%
Price/Unit
$175,000
Price/Gross SF
$250.96
Gross SF
4,184

Investment Highlights

  • Tuck under parking
  • Favorable Unit Mix
  • Well Maintained.
  • Huge Rental Upside

Investment Overview

Marcus & Millichap is pleased to present 844 West 82nd Street, a six-unit multifamily property located on the corner of 82nd Street and Vermont Avenue in South Los Angeles. The unit mix consists of Three 2-bedroom, 2-bathroom units (approximately 750 square feet each) and three 1-bedroom, 1 bath units (approximately 644 square feet each). Situated on a large lot with eight onsite parking spaces, including a detached covered parking structure, the property offers strong value-add potential through rental upside and the possibility to add ADUs (buyer to verify). Located in a highdemand rental corridor just west of the 110 freeway, this property presents an excellent opportunity for value-add investors.

Exclusively Listed By

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