645 W 97th Street, Los Angeles, CA 90044
- 12 beds
- 4,800 sqft
other
Built in 1938
6,098sqft lot
—— car garage
$348/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Charles W. Barrett STEAM Academy
419 W 98th St, Los Angeles, CA, 90003
Grades KG-5
0.30 miles away
Bret Harte Preparatory
9301 S Hoover St, Los Angeles, CA, 90044
Grades 6-8
0.24 miles away
Youth Opportunities Unlimited
915 W Manchester Ave, Los Angeles, CA, 90044
Grades 9-12
0.85 miles away


