1027 W 91st Street is a value add 8-unit multifamily property in South Los Angeles. The three buildings, totaling 5,837 sq. ft., consist of (1) 3Bd+2Ba, (2) 2Bd+1Ba, (4) 1Bd+1Ba and (1) Studio. They are situated on a huge 18,933 sq. ft. lot that is zoned *R3. This is the first time that this property has been on the market in 40 years. Attractive seller financing is available and coupled with a current 6.71% cap rate and 9.48 GRM, the cash-on-cash return could be approximately 11% from day one. There is a large, paved lot in the rear of the property with 12 parking spaces. A new owner should consider adding ADUs here to further increase the value.
MLS #
CRSB25018301
MLS Source
California Regional MLS
Appliances
Dryer, Washer
Garage/Parking
Garage: 12 Car(s)
Listing Agent
Nicholas Ensbury
Lyon Stahl Investment Real Estate, Inc.
License #: 02012167
Phone: –
Co-Listing Agent
Keith Moret
License #: 01802527
Phone: (310) 563-7144
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
1027 W 91st St is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a 18,933 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,400,000 and was built in 1906. This address can also be written as 1027 W 91st St, Los Angeles, CA 90044.
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This listing information is up-to-date as of April 16, 2025. For the most current information, please contact Nicholas Ensbury