Los Angeles, CA 90044 932 W 74th Street
$950,000
Pending
11 more
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
- MLS# SB25010759
- 02/10/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 8
SQFT • 4,565
Home Details
Discover this 8-unit multifamily property in South Los Angeles, offering a total of (8) 1-Bed/1-Bath units. With 4,565 SF of rentable space situated on a sizable 5,602 SF lot, this property provides strong in-place income with a 5.14% CAP and a 8.95 GRM. Investors will appreciate the 54% rental upside potential, aligning with a projected market CAP of 10.85% and a market GRM of 5.82. Conveniently located near the 110 Freeway and just moments away from retail and dining options on Manchester Ave, this property is ideally positioned in a highdemand rental market. Don’t miss this opportunity to acquire a well-located asset with significant upside potential.
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
Interior Features for 932 W 74th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 932 W 74th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.14
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking
CountyLos Angeles
DirectionsOn the Corner Of S Vermont Ave and W 74th Street
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-02-10
Facing DirectionNorth
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income106122.0
HOANo
Home Warranty Y/NNo
Insurance Expense7411.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet5602.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense10323.0
MobileHomeRemainsYNNo
Net Operating Income48813.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Operating Expense52003.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer, Unknown
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot11
Taxes$12,768
Total Actual Rent8570.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1926
Year Built SourcePublicRecords
ZoningLARD2
Exterior for 932 W 74th Street
Building Area Total4565.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre, RectangularLot
Lot Size Acres0.1286
Lot Size Area5602.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate