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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 950,000
Est. payment /mo
New
660 W 94th Street Los Angeles, CA 90044
7 Beds
4 Baths
1,780 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $533
MLS Listing ID CRSB25119093
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 2009
Lot Size 6,288 Sqft
Property Sub-Type Duet
Source Datashare California Regional
Property Description
660 W 94th Street offers an exceptional opportunity to acquire a low-maintenance, non-rent-controlled duplex in a prime South Los Angeles location. Built in 2009, this modern construction asset benefits from minimal upkeep and is exempt from local rent control ordinances, making it ideal for both cash flow–focused investors and potential owner-users. The property features two large units: one 4-bedroom/2-bath unit and one 3-bedroom/2-bath unit—each offering spacious layouts well-suited for families or shared living arrangements. The property currently generates a strong in-place return with a 5.50% CAP rate and 12.68 GRM, with upside to reach a 6.25% market CAP and 11.56 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parking—an increasingly rare feature in this dense urban submarket. Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.
Location
State CA
County Los Angeles
Interior
Fireplaces Type None
Fireplace No
Laundry Other, Electric
Exterior
Garage Spaces 2.0
Pool None
View None
Private Pool false
Building
Story 1
Schools
School District Los Angeles Unified
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