1027 W 91st Street, Los Angeles, CA 90044

About this property

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.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,400,000

Sold April 2025 · listed $1,550,000, on market January 2025 · MLS #SB25018301 · Source: CRMLS

Listing Agent: Nicholas Ensbury · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-503-7574 · Bought with: Nicholas Ensbury · Lyon Stahl Investment Real Estate, Inc.

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