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$ 1,100,000
Est. payment /mo
New
8715 Regina CT Los Angeles, CA 90044
12 Beds
6 Baths
4,085 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,085 sqft
Price per Sqft $269
MLS Listing ID 25603133
Bedrooms 12
HOA Y/N No
Year Built 1905
Lot Size 5,802 Sqft
Property Description
We are proud to present 8715 Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at a 11.34% CAP and 6.29 GRM upon lease up on the 4 vacant units, with upside potential to achieve an 11.56% CAP and 6.29 GRM upon stabilization. Located just south of Manchester Ave and east of Hoover St, abutting the Algin Sutton Recreation center, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. The property is comprised of three separate buildings, a two-story front structure, a single-story ADU, and a single-story rear building offering a total of 4,085 rentable square feet. Built in 1905, the property sits on a sizable 5,802 SF LARD2-zoned corner lot with street access on both sides. The unit mix features one three-bedroom unit, four two-bedroom units, and one one-bedroom unit with 4 units delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Five out of six units have been renovated including the four vacant units. Contact the listing broker for additional details.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6038013001
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc.
