811 W 97th ST, Los Angeles, CA 90044
811 W 97th ST, Los Angeles, CA 90044
811 W 97th ST, Los Angeles, CA 90044
811 W 97th ST, Los Angeles, CA 90044
811 W 97th ST, Los Angeles, CA 90044
811 W 97th ST, Los Angeles, CA 90044
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,250,000
Est. payment | /mo

14 Beds

10 Baths

6,670 SqFt

Save
$ 2,250,000
Est. payment | /mo
Save

14 Beds

10 Baths

6,670 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,670 sqft

Price per Sqft $337

MLS Listing ID 26640597

Bedrooms 14

HOA Y/N No

Year Built 1958

Lot Size 10,001 Sqft

Property Description

8.35% CAP & 8.52 GRM! We are pleased to offer this ten unit investment opportunity, located in the City of Los Angeles. This 10-unit multi-family property features a well-balanced unit mix of six 1-bedroom/1-bath units and four 2-bedroom/1-bath units, all of which have been recently renovated. The property benefits from strong in-place fundamentals supported by consistent rental demand in one of Los Angeles' most established rental markets. Recent capital improvements include newer exterior paint, upgraded exterior lighting, and new building and unit numbering, enhancing curb appeal and tenant experience. Each unit is separately metered for gas and electricity, providing operational efficiency and long-term expense control. The property also offers a large on-site parking area with 10 spaces, a valuable amenity in a dense urban environment.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Concrete

Total Parking Spaces 10

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6054001019

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Griffin White BRC Advisors- BH #02031785

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.