1246 W 96th Street, Los Angeles, CA 90044
Triplex
Sold January 2024
Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-259-7556 · Bought with: Ken Shapiro · Silverwood Properties · MLS #SB23179711 · Source: CRMLS
About this triplex
Cash Cow! Perfect for an Owner User. 7.16% Cap Rate and 10.42 GRM! Can deliver 1 or 2 units vacant at the close of escrow upon buyer's choice. Beautifully remodeled triplex located at 1246 W 96th St, Los Angeles! This gem is comprised of a 4Bed+2Bath House and two 2Bed+1Bath duplex in the back. Both 2Bed+1Bath units are currently vacant and are rent/owner-user ready. Once the property is fully occupied, it will operate at a 7.16% CAP and 10.42 GRM - this is the best cash-flow deal on the market! 1246 W 96th St features stunning remodels, including new floors, cabinets, countertops, bathrooms, appliances, etc. There is also copper plumbing and central AC throughout both buildings, as well as a new roof and washer/dryer hookups on the 4Bed house. All interior work has been done for the new owner making this an extremely low maintenance property ! Plenty of parking throughout - 2 parking spots for each 2Bed units and 6 spots for the 4Bed House. With one of the high CAP rate and lowest GRM on the market, this is the perfect investment for any buyer looking for high cash-flow and low maintenance or a move-in-ready property where your tenants pay your mortgage.
Listing description from the January 2024 sale, as reported to CRMLS.
Sale history