Los Angeles, CA 90044,8715 Regina Court
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Los Angeles, CA 90044,8715 Regina Court
Los Angeles, CA 90044,8715 Regina Court
Los Angeles, CA 90044,8715 Regina Court
Los Angeles, CA 90044,8715 Regina Court
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Devin Ratoosh

Devin Ratoosh

Ratoosh Group

+1(510) 919-5499
$ 1,175,000
Est. payment /mo
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Pending

8715 Regina Court Los Angeles, CA 90044

4,085 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,085 sqft

Price per Sqft $287

MLS Listing ID CL25538341

HOA Y/N No

Year Built 1905

Lot Size 5,802 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

We are proud to present 8715 Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at a 9.31% CAP and 7.37 GRM upon lease up on the vacant units, with upside potential to achieve an 10.45% CAP and 6.62 GRM upon stabilization. Located just south of Manchester Ave and east of Hoover St, abutting the Algin Sutton Recreation center, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. The property is comprised of three separate buildings, a two-story front structure, a single-story ADU, and a single-story rear building offering a total of 4,085 rentable square feet. Built in 1905, the property sits on a sizable 5,802 SF LARD2-zoned corner lot with street access on both sides. The unit mix features one three-bedroom unit, four two-bedroom units, and one one-bedroom unit with 3 units delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Five out of six units have been renovated including the four vacant units. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 6038013001


Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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8715 Regina Court