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Century 21 Synergia Realty
156 E 101st, Los Angeles, CA 90003
- $999,999
- List Price
- $999,999
- Status
- ACTIVE
- MLS#
- SB26216579
- Year Built
- 2018
- Lot Size
- 6,075
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
156-158 E 101st St presents an attractive opportunity to acquire a 2-unit multifamily property in Los Angeles, offered at $999,999, reflecting a 6.01% current cap rate and 11.67 GRM. Built in 2018, the property features (2) spacious 5 Bed/3 Bath units, currently generating just over $7,000 in monthly scheduled rental income, along with 6 dedicated parking spaces. Offered at approximately $270 per SF, the property is priced well below replacement cost, providing an attractive basis for investors seeking strong in-place cash flow with limited maintenance requirements. The property is not subject to local or state rent control, providing the opportunity for future rental growth and increased income potential. Strategically located in Los Angeles, CA 90003, 156-158 E 101st St benefits from convenient access to major employment centers, retail corridors, and public transportation. The surrounding area continues to experience strong rental demand, making this an appealing opportunity for both current cash flow and long-term appreciation.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $85,800
- Operating Expense
- 21337
Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.