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1246 96th Street
Los Angeles, CA 90044
Sold
We are pleased to present this great opportunity to invest in an add-value triplex in the County Strip of Los Angeles. The property consists of a four bedroom - two bath front unit and a rear building containing 2 two bedroom - one bath units. The total square footage of the property is 2,808 and it sits on a large 7,154 square foot lot, which is zoned LCR320U. The four bedroom is currently vacant providing the new owner the ability to upgrade the unit and obtain market value. The 2 two bedrooms are currently renting for $1,133 and $1,300 respectively. Once the front unit is renovated and rented at market, the GRM will be 11.3 which is unheard of for a small apartment building. The CAP rate is 6.36 which is also very attractive.
PROPERTY INFORMATION
| MLS # | 23233809 | Lot Size | 7,154 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 720,000
Price Per SqFt: $ 256 |
DOM | 837 Days |
| Address | 1246 96th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,808 Sq. Ft. |
| Postal Code | 90044 | Garage | N/A |
| County | Los Angeles | Year Built | 1957 |
| Bed / Bath | 8 / 0 | Parking | 3 |
| Built In | 1957 | Status | Closed |
| Sold Date | 2023-05-26 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 65 (Somewhat Walkable)
Transit Score: 56 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $768
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/26/2023 | Sold | $665,000 |
| 03/08/2023 | Pending | $720,000 |
| 01/20/2023 | Listed | $720,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Jerome McAlpin, McAlpin & Company. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
