$1,669,000

645 W 97th Street, Los Angeles, CA 90044

  • 12 beds
  • 4,800 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $348/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Built in 2019, this non-RSO triplex delivers an exceptional 7.6% CAP rate and flexibility for both investors and owner-occupants alike. The property is entirely exempt from state and local rent control regulations, providing rare freedom in setting rental terms and maximizing income potential. The front, stand-alone unit lives like a single-family home - freshly remodeled and delivered vacant, ready for an owner to move in or for immediate lease-up. This spacious unit offers approximately 1,700 sq. ft. of open-concept living space filled with natural light, featuring 4 bedrooms, 3 bathrooms, and a two-car attached garage. At the rear are two identical tenant-occupied units, each offering 1,561 sq. ft., 4 bedrooms, and 3 bathrooms, generating consistent and significant rental income. The total living area across all three units is over 4,800 sq. ft. with 12 bedrooms and 9 bathrooms. The hardscaped exterior provides ample parking and minimal maintenance, while separate gas, electricity, and water meters allow tenants to pay their own utilities, simplifying management and maximizing net income. For the sophisticated investor, there is an opportunity here for cost segregation to allow significant tax deductions and savings up-front, making this a no-brainer investment. Also a great o

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
Esquire Real Estate Brokerage, Inc. :
Listing Agent:
Amir Torkamani : 213-973-9439
MLS ID:
CL25604359
  • Laundry: DryerLaundry ClosetWasherOther
  • A/C: Central Air
  • Heating: Central
  • Parking: Int Access From GarageOther
  • County: Los Angeles
  • Zoning: LARD6054027027
  • View: None

This listing courtesy of Amir Torkamani, Esquire Real Estate Brokerage, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles W. Barrett STEAM Academy

419 W 98th St, Los Angeles, CA, 90003

Grades KG-5

0.30 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.24 miles away

Y

Youth Opportunities Unlimited

915 W Manchester Ave, Los Angeles, CA, 90044

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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