For more information regarding the value of a property, please contact us for a free consultation.
660 W 94th Street Los Angeles, CA 90044
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $750,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $421
MLS Listing ID SB25119093
Bedrooms 7
Full Baths 4
Year Built 2009
Lot Size 6,288 Sqft
Property Sub-Type Townhome
Property Description
660 W 94th Street offers an exceptional opportunity to acquire a low-maintenance, non-rent-controlled duplex in a prime South Los Angeles location. Built in 2009, this modern construction asset benefits from minimal upkeep and is exempt from local rent control ordinances, making it ideal for both cash flowfocused investors and potential owner-users. The property features two large units: one 4-bedroom/2-bath unit and one 3-bedroom/2-bath uniteach offering spacious layouts well-suited for families or shared living arrangements. The property currently generates a strong in-place return with a 6.29% CAP rate and 11.35 GRM, with upside to reach a 7.13% market CAP and 10.34 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parkingan increasingly rare feature in this dense urban submarket. Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Cooling Central Forced Air
Laundry Electric, Washer Hookup
Exterior
Garage Spaces 2.0
View Y/N Yes
Building
Story 1
Sewer Public Sewer
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Read Less

Bought with NON LISTED OFFICE
GET MORE INFORMATION




