Divine Fog Realty San Diego
sandiegoadmin@divinefogrealty.com6,290 Sqft Lot
6,290 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25105200
HOA Y/N No
Year Built 2008
Lot Size 6,290 Sqft
Property Sub-Type Duplex
Property Description
The property currently generates a strong in-place return with a 5.50% CAP rate and 12.68 GRM, with upside to reach a 6.25% market CAP and 11.56 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parking—an increasingly rare feature in this dense urban submarket.
Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6039010031
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard

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