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8715 Regina Court

Los Angeles (City), CA 90044
  • $1,175,000
  • STATUS: Active
  • ON SITE: 2 Days
  • ID#: 24392023
New On Site 2 Days Ago
UPDATED: 150 min ago
$1,175,000
  • 12
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,058
    SQFT
  • $290
    $/SQFT
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Listing Agent(s): Peter James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and William James of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not just profitability, but sustained financial growth. An ideal unit mix, featuring (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this building. 8715 Regina Ct is in a very attractive submarket, sandwiched between Inglewood, Gardena and Downtown Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-18T13:33:57.603. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
www.theashleycooperteam.com/homes/150563959
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8715 Regina Court Los Angeles (City), CA 90044

  • Price: $1,175,000
  • Status: Active
  • On Site: 2 Days
  • Updated: 150 min ago
  • ID#: 24392023
12
Beds
0
Baths
0
½ Baths
0.13
Acres
4,058
SQFT
$290
$/SQFT
1905
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not just profitability, but sustained financial growth. An ideal unit mix, featuring (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this building. 8715 Regina Ct is in a very attractive submarket, sandwiched between Inglewood, Gardena and Downtown Los Angeles.
Exterior Features

Direction Faces North Lot Features Rectangular Lot Parking Features GarageTandemUncovered Parking Total 2

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6.03 Community Features Gated Garage YN Yes Gross Income 121743 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 70866 New Construction YN No Rent Control YN Yes Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-18T13:33:57.603. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
 
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First Team Real Estate
CA,
Listing Agent(s): Peter James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and William James of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)