$1,100,000

1130 W 97th Street, Los Angeles, CA 90044

  • 4,266 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $258/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

We are pleased to present a six (6) unit apartment building located at 1130 W 97th St in Los Angeles, California. The subject property is located in a solid South LA location, north of Century Blvd and west of Vermont Ave. Located in a solid South LA neighborhood, the property features a desirable unit mix of four one-bedroom and two two-bedroom units. The asset offers a strong initial cap rate with approximately20% rental upside. Some capital improvements include updated subpanels and electrical boxes within the past 6 months. Amenities include a front-yard common area, laundry room, and rear onsite parking with potential to add ADUs. The location provides convenient access to major commercial corridors such as Century Blvd, Normandie Ave, Vermont Ave, and Western Ave. Residents benefit from nearby amenities including the Mark Twain Branch Library, Weingart YMCA Center, Maggie Hathaway Golf Course, Ralphs, Smart & Final, Roscoe's Chicken & Waffles, and South LA Cafe. The area is also seeing new multifamily development, including projects at 9426 S Normandie Ave (57 units), 823 W Manchester Ave (42 units), and 11001 S Vermont Ave (84 units). A strong initial cap rate combined with the potential to add ADUs in the rear parking lot presents investors with a compelling value-add opp

Listing Status:
Active
Date Added:
March 10, 2026
Data Last Updated:
April 1, 2026 at 10:08PM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Jason Tuvia : 818-212-2735
MLS ID:
CL26662685
  • County: Los Angeles
  • Zoning: LCR36056015041

This listing courtesy of Jason Tuvia , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

9

95th Street Elementary School

1109 W 96th St, Los Angeles, CA, 90044

Grades KG-5

0.12 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.53 miles away

G

George Washington Prep High School

10860 S Denker Ave, Los Angeles, CA, 90047

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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