For Sale | 1320 W. 97th Street

Offering Price

Sales Price

$1,925,000

Offering Highlights

Deal Highlights

Ease of rental collection – 75% of tenants are Section-8.

Ample parking for apartments – 2 spots per unit.

Large units averaging over 700 SF.

Value add opportunity – 29% upside in rental income.

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Close of Escrow

Units

6,332

Building SF

1963

Year Built

Walk Score

$304.01

Price/SF

$240,625

Price/Unit

5.88%

Current Cap

11.84

Current GRM

6,332

Building SF

1963

Year Built

$304.01

Price/SF

Units

6,332

Building SF

1963

Year Built

Walk Score

$304.01

Price/SF

$240,625

Price/Unit

5.88%

Current Cap

11.84

Current GRM

Potential Buildable Units

6,332

Land SF

$304.01

Price/Land SF

$240,625

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

(213) 797-7025

Julianbloch@kw.com

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Andres Diaz

Managing Director

Multifamily Investments

(213) 797-7182

Andres.Diaz@kw.com

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