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$1,175,000   Price Analysis
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8715 Regina Ct
Los Angeles, CA 90044
12 bed 6 bath 4,058 SqFt ($289/SqFt)
5,802SqFt lot. Built 1905
Listed 2024-05-15, Taxes $9,665
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Part of an 8 Building Portfolio!

Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not profitability, but sustained financial growth.

An ideal unit mix, featurng (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this building. 8715 Reg ina Ct is in a attractive submarket, sandwiched between Inglewood, Gardena and Downtown Los Angeles.


Presented by Peter James at
Lyon Stahl Investment Re, Inc.


Property MLS #24-392023 from TheMLSCLAW

Bedrooms: 12

Total Bathrooms: 6
Full Bathrooms: 6

Heating Features: Wall

Water Features: Public

Lot Description: Lot Shape-Rectangular, Lot-Level/Flat
Lot Size Acres: 0.1331956
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5802

Garage Description: Uncovered, Tandem
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 6
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 12208, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 3915, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2407

Vacancy Allowance: 3652

Source Listing Status: Active
County: Los Angeles
Cap Rate: 6.03
Directions: Located south of Manchester Ave and east of Vermont
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6038-013-001
Postal Code Plus 4: 5721
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$230,523 + $552,183
$782,706
$9,665
2021$226,003 + $541,356
$767,359
$9,533
2020$223,686 + $535,806
$759,492
$9,626
2019$219,300 + $525,300
$744,600
$9,255
2018$35,611 + $28,052
$63,663
$1,234
2017$34,913 + $27,502
$62,415
$1,168
2016$34,229 + $26,963
$61,192
$1,103
2015$33,715 + $26,558
$60,273
$1,093
2014$33,055 + $26,038
$59,093
$1,133
2013$32,906 + $25,921
$58,827
$1,128
2012$32,261 + $25,413
$57,674
$1,141
2010$31,629 + $24,915
$56,544
$1,350
2009$31,468 + $24,788
$56,256
$1,309
2009$31,393 + $24,729
$56,122
$1,309
2008$30,851 + $24,302
$55,153
$1,279
2007$30,247 + $23,826
$54,073
$1,236

Listed 2024-05-15
$1,175,000
TheMLSCLAW
Sold 2018-03-16
$730,000
CRMLS
Relisted 2018-03-02
$750,000
CRMLS
Listing removed 2018-02-21
$750,000
CRMLS
Listed 2018-01-19
$750,000
CRMLS
Sold 1978-08-23
$32,000
Public Record

Net Operating Income: 70866

Total Square Feet Living: 4058
Year Built: 1905
Direction Faces: North
Levels: Multi Levels
Living Area Source: Owner
Property Age: 119
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Sewer: In Street

Other Equipment: Range/Oven
Security Features: Gated

Manchester Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Bret Harte Preparatory Middle School is a public middle school located approximately 0.5 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 0.9 miles away.
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Liberty High School is a private high school located approximately 0.3 miles away.
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