1130 W 97th Street, Los Angeles, CA 90044
Local realty services provided by:CENTURY 21 Discovery
1130 W 97th Street,Los Angeles, CA 90044
$1,100,000
- 8 Beds
- 6 Baths
- 4,266 sq. ft.
- Multi-family
- Active
Listed by: jason tuvia
Office: marcus & millichap
MLS#:26662685
Source:CRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$257.85
About this home
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 opportunity in a South LA submarket that continues to see new development, improving amenities, and steady housing demand.
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Home facts
- Year built:1961
- Listing ID #:26662685
- Added:1 day(s) ago
- Updated:March 11, 2026 at 03:30 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:4,266 sq. ft.
Structure and exterior
- Year built:1961
- Building area:4,266 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$257.85
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