8715 Regina Ct
Los Angeles, CA 90044
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.
Sales Price $1,100,000
Beds
12
Baths
6
Home Size
4085 Sq. Ft.
Lot Size
5802 Sq. Ft.
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.
This home located at 8715 Regina Ct is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $1,100,000. It has 12 beds and 6 bathrooms. The property was built in 1905. 8715 Regina Ct is in the Metropolitan Southwest community of County.
Quick Facts
- 8 days on market
- Built in 1905
- Total parking spaces 2Car
- Driveway
- Community | Metropolitan Southwest
- MLS# | 25603133
Features
- Other Cooling
- Other Heat
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