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4 Vacancies | 6.29 GRM | 11.34% CAP 8715 Regina Ct 6 Unit Apartment Building $1,050,000 ($175,000/Unit) 11.33% Cap Rate Los Angeles, CA 90044
EXECUTIVE SUMMARY
We are proud to present 8715 S Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at an 11.33% CAP and 6.00 GRM upon lease up of the 4 VACANT units! 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.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$118,924
|
$29.11
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $118,924 |
| Annual Per SF | $29.11 |
PROPERTY FACTS
| Price | $1,050,000 | Apartment Style | Low-Rise |
| Price Per Unit | $175,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 11.33% | Building Size | 4,085 SF |
| Gross Rent Multiplier | 6 | Average Occupancy | 50% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1905 |
| Property Subtype | Apartment | Parking Ratio | 0.49/1,000 SF |
| Zoning | LARD2 - 5,802 Square Foot LARD2 Zoned Corner Lot. | ||
| Price | $1,050,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| Cap Rate | 11.33% |
| Gross Rent Multiplier | 6 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,085 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1905 |
| Parking Ratio | 0.49/1,000 SF |
| Zoning | LARD2 - 5,802 Square Foot LARD2 Zoned Corner Lot. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $2,000 | - |
| 2+1 | 4 | $2,338 | - |
| 3+1 | 1 | $3,000 | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 6038-013-001 | Improvements Assessment | $244,631 (2025) |
| Land Assessment | $585,979 (2025) | Total Assessment | $830,610 (2025) |
PROPERTY TAXES
Parcel Number
6038-013-001
Land Assessment
$585,979 (2025)
Improvements Assessment
$244,631 (2025)
Total Assessment
$830,610 (2025)
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4 Vacancies | 6.29 GRM | 11.34% CAP | 8715 Regina Ct
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