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Closed
Closed
South LA
 | 
Multifamily

1320 W. 97th Street

Los Angeles, CA 90044
Offering Price
Sales Price
$1,300,000
Offering Highlights
Deal Highlights

Closed Escrow in Less than 28 Days.

Buyer Assumed Responsibility for Unit in Rent Abatement.

Sold at a 6.23% CAP Rate & 9.97 Gross Rent Multiplier.

Successfully Negotiated a Three-Month Hold-Back for Delinquent Tenant.

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Close of Escrow
9/19/2021
8

Units

6,332

Building SF

1963

Year Built

Walk Score

$205.30

Price/SF

$162,500

Price/Unit

6.23%

Current Cap

9.97

Current GRM

6,332

Building SF

1963

Year Built

$205.30

Price/SF

8

Units

6,332

Building SF

1963

Year Built

Walk Score

$205.30

Price/SF

$162,500

Price/Unit

6.23%

Current Cap

9.97

Current GRM

8

Potential Buildable Units

6,332

Land SF

$205.30

Price/Land SF

$162,500

Zoning

1963

Year Built

Walk Score

Property video
Property Location
South LA
Submarket
Lead Agent Info

Contact us for more information.

Julian Bloch

Associate
Multifamily & Retail Investments

(213) 797-7025

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