11150 Regent St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90034
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,620 sqft
Price per Sqft $348
MLS Listing ID 25598101
Bedrooms 16
Year Built 1954
Lot Size 0.264 Acres
Acres 0.2644
Property Sub-Type Multi-Family
Property Description
Welcome to 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily gem is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 13.7 gross rent multiplier and 5.2% cap rate highlight the property's exceptional income potential.With a monthly net operating income of $12,915, this investment promises lucrative returns that are sure to capture the attention of discerning buyers. RECENT UPGRADED ELECTRICAL PANEL 9/25 and ROOF MAINTENANCE AND REPAIR 8/25.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAR3
Exterior
Garage Spaces 10.0
Building
Story 2
Others
Special Listing Condition Standard