Los Angeles, CA 90044,1318 W 90th ST
Los Angeles, CA 90044,1318 W 90th ST
Los Angeles, CA 90044,1318 W 90th ST
5
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$1,050,000
Est. payment /mo
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6 Beds
5 Baths
3,462 SqFt
New

1318 W 90th ST Los Angeles, CA 90044

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Rick Lee

Rick Lee

+1(714) 943-1598

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,462 sqft

Price per Sqft $303

MLS Listing ID 26644939

Bedrooms 6

HOA Y/N No

Year Built 1962

Lot Size 5,401 Sqft

Property Description

1318 W. 90th Street is a well-located five-unit multifamily offering in South Los Angeles featuring recent renovations, a balanced unit mix, multiple ancillary income opportunities, and immediate rental upside, delivering strong in-place income and durable long-term fundamentals. 1318 W. 90th Street presents a five-unit multifamily investment opportunity in South Los Angeles with immediate upside. The property features a balanced unit mix of four (4) one-bedroom / one-bath units and one (1) two-bedroom / one-bath plus den unit. The two-bedroom unit is currently vacant and in rent-ready condition. Upon full lease up, the property is projected to deliver strong and consistent cash flow with a stabilized 9.24 GRM and a 7.88% CAP Rate. The property offers additional value-add potential through vacant garages, which maybe utilized for additional parking income or repositioned for future ADU conversion, subject to buyer verification and local regulations, providing a path to incremental income growth beyond traditional rent increases. Situated on a quiet residential street with convenient access to major employment centers, transit corridors, and regional freeways, the property benefits from steady tenant demand and strong occupancy fundamentals. South Los Angeles continues to attract investor interest due to its relative affordability and proximity to Downtown Los Angeles, Inglewood, and LAX. The unit mix supports both income stability and long-term durability, as one-bedroom units typically experience lower vacancy, while the larger two-bedroom plus den unit appeals to families and long-term renters. All units have been recently renovated, creating a largely turnkey investment profile and minimizing near-term capital expenditure requirements.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Heating Wall Furnace

Fireplaces Type None

Inclusions None

Fireplace No

Appliance Disposal, Refrigerator

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Faces North

Story 2

Entry Level Multi/Split

Foundation Raised

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6047013006

Financing Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Sam Grayeli BRC Advisors- BH
NEARBY SCHOOL & BUSINESS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 5

    Zela Davis

    Public | KG - 5

  • 5

    Bennett - Kew Elementary School

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 4

    Kornblum

    Public | KG - 5

  • 4

    Today's Fresh Start Charter School Inglewood

    Public | KG - 6

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

  • 4

    75th Street Elementary School

    Public | KG - 6

  • 4

    Aspire Slauson Academy

    Public | KG - 6

  • 4

    Knox Elementary School

    Public | KG - 6

Middle Schools 20
  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 4

    Vanguard Learning Center

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

  • 0

    Animo Phillis Wheatley Charter Middle School

    Public | 6 - 8

High Schools 20
  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Centennial High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

School and business data provided by Attom Data.
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Rick Lee

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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