8 UNITS - LA COUNTY - 7.52% CAP & 9.21 GRM 1320 W 97th St 8 Unit Apartment Building $2,267,967 CAD ($283,496 CAD/Unit) 7.53% Cap Rate Los Angeles, CA 90044

BRC Advisors is offering a 1963-constructed eight-unit multifamily asset located in a dense South Los Angeles as the property is located in unincorporated Los Angeles County. 1320 W. 97th Street presents a well-located eight-unit multifamily investment offering scale, strong unit mix, and durable rental demand in Los Angeles. Constructed
in 1963, the property consists of four (4) spacious one-bedroom/one-bath units and four (4) two-bedroom/one-bath units, totaling approximately 6,332 rentable
square feet on a 6,503-square-foot lot. The balanced unit mix appeals to a broad tenant base and supports stable occupancy and diversified income. The property is located in unincorporated Los Angeles County, which can offer a more favorable regulatory environment compared to certain city-controlled assets. Tenants benefit from ample on-site gated and secure parking and gated access to the property, features that enhance safety, tenant retention, and overall marketability. The surrounding area supports consistent rental demand due to proximity to employment centers, transportation corridors, and neighborhood amenities. This asset is well-suited for investors seeking steady cash flow with value-add upside, whether through interior upgrades, operational efficiencies, or future rent growth as units turn. The property’s size, layout, and location make it an attractive long-term hold in a supply-constrained Los Angeles rental market.
Offering Memorandum attached to LoopNet listing. Please note the following: (1) Do not disturb tenants. (2) Interior inspections and access to books and records will be granted upon acceptance of an offer. (3) Submit proof of funds with all offers, which must be presented on a CAR Residential Income Purchase Agreement. Broker and agent do not guarantee the accuracy of square footage, lot size, development potential, or any other information regarding the condition or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify all information and complete their own due diligence through physical inspections and consultation with appropriate professionals. Seller is a licensed real estate agent in the State of California.