1017 W 95th Street
Property Overview
We are pleased to present 1017 W 95th Street, a 9-unit multifamily investment opportunity in South Los Angeles. The property sits on a 9,228 SF parcel with 7,450 SF of building area and a unit mix of (1) 1Bed+1Bath and (8) 2Bed+1Bath units. The offering generates a current cap rate of 7.69% on a GRM of 7.66,providing a stabilized return at an attractive basis. Two vacant units at acquisition give an incoming owner an immediate path to push rents toward the $1,985 market average without waiting on turnover. On-site parking totals 9 spaces (4 tuck-under, 5 carport), and the rear detached carports present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify).The surrounding South Los Angeles submarket continues to benefit from significant private investment tied to the adjacent Inglewood entertainment corridor, anchored by SoFi Stadium and the Hollywood Park mixed-use development. 1017 W 95th Street offers a proven in-place return, near-term upside, and exposure to a submarket where basis at this level is increasingly hard to find.
Home Details
- Property type
- Residential Income
- Year built
- 1967
- Living area
- 7,450 sq ft
- Lot size
- 9,228 sq ft
- Parking
- 9 spaces
- Stories
- 2
- Days on market
- 8
- MLS status
- Active
- Zoning
- LCR320U*
Features & Amenities
Parking
- None
Community, Schools & Utilities
Utilities
- Heating
- None
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 1017 W 95th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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