1320 W 97th Street,Los Angeles, CA 90044
Los Angeles, CA 90044
Description
1320 W. 97th Street presents a well-located eight-unit multifamily investment offering scale, strong unit mix, and durable rental demand in Los Angeles. Constructed in 1963, the property consists of four (4) spacious one-bedroom/one-bath units and four (4) two-bedroom/one-bath units, totaling approximately 6,332 rentable square feet on a 6,503-square-foot lot. The balanced unit mix appeals to a broad tenant base and supports stable occupancy and diversified income. The property is located in unincorporated Los Angeles County, which can offer a more favorable regulatory environment compared to certain city-controlled assets. Tenants benefit from ample on-site gated and secure parking and gated access to the property, features that enhance safety, tenant retention, and overall marketability. The surrounding area supports consistent rental demand due to proximity to employment centers, transportation corridors, and neighborhood amenities. This asset is well-suited for investors seeking steady cash flow with value-add upside, whether through interior upgrades, operational efficiencies, or future rent growth as units turn. The property's size, layout, and location make it an attractive long-term hold in a supply-constrained Los Angeles rental market.
Details
| MLS # | 26644955 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 211 |
| Listing Provided By | BRC Advisors- BH | Sam Grayeli |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,111 |
| Car Port | Yes |
| Units | 1 |
| Building(s) | 1 |
| Zoning | LCR320U* |
| Acreage | 0.15 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Disposal |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars |
|---|---|
| Construction Materials | Stone, Wood Siding |
| Foundation Details | Raised |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Carport |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $1,675,000 low | high Med: $975,000 sqft: 6,111 low | high Med: 1,497 $ / sqft: $274 low | high Med: $651 On site: 211 low | high Med: 51 | |
Market Activity 90044
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $1,675,000 low | high Med: $975,000 sqft: 6,111 low | high Med: 1,497 $ / sqft: $274 low | high Med: $651 On site: 211 low | high Med: 51 | |
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