1318 W 90th Street, Los Angeles, CA 90044
Local realty services provided by:ERA Excel Realty
1318 W 90th Street,Los Angeles, CA 90044
$1,050,000
- 6 Beds
- 5 Baths
- 3,462 sq. ft.
- Multi-family
- Active
Listed by: sam grayeli, ian hollinger
Office: brc advisors- bh
MLS#:26644939
Source:CRMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$303.29
About this home
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....
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Home facts
- Year built:1962
- Listing ID #:26644939
- Added:93 day(s) ago
- Updated:May 03, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Kitchen Description:Disposal, Refrigerator
- Living area:3,462 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1962
- Building area:3,462 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Stone, Wood Siding
- Foundation Description:Raised
Utilities
- Water:Public
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$303.29
Features and amenities
- Appliances:Disposal
Parking
- Total parking spaces:6
- Garage:Yes
- Garage spaces:4
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