CA > Los Angeles
Los Angeles, CA 90044,8715 Regina CT
Los Angeles, CA 90044,8715 Regina CT
Los Angeles, CA 90044,8715 Regina CT
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,175,000
Est. payment /mo
12 Beds
6 Baths
4,085 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,085 sqft

Price per Sqft $287

MLS Listing ID 25538341

Bedrooms 12

HOA Y/N No

Year Built 1905

Lot Size 5,802 Sqft

Property Description

We are proud to present 8715 Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at a 9.31% CAP and 7.37 GRM upon lease up on the vacant units, with upside potential to achieve an 10.45% CAP and 6.62 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 3 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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Fireplace No

Exterior

Parking Features Driveway

Total Parking Spaces 2

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6038013001

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.

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