Closed | 1320 W. 97th Street

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

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

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

Potential Buildable Units

6,332

Land SF

$205.30

Price/Land SF

$162,500

Zoning

1963

Year Built

Walk Score

Download Executive Summary

Property video

Property Location

South LA

Submarket

Lead Agent Info

Julian Bloch

Senior Director

Multifamily & Retail Investments

(415) 250-7365

Julianbloch@kw.com

SEE THIS AGENTS PROPERTIES >