$1,175,000
8715 Regina Ct (602 W 87th), Los Angeles, Ca 90044
4,058 SF
Square Feet
$290
PPSF
6
Units
100.0K
PPU
6.02%
CAP
Property Description
Units
6 — PPU: 100.0K
NOI
$70,735
Cap Rate
6.02%
Welcome to 8715 Regina Ct
8715 Regina Ct is a multi-family apartment complex located in a vibrant area of Los Angeles. With a total of 6 units, this property offers a prime investment opportunity for both experienced investors and those new to the multi-family market.
Property Highlights
- Year Built: 1905
- Total Units: 6
- Current Cap Rate: 6.03%
- Potential Stabilized Cap Rate: 13.64%
- Rental Upside Potential: 83%
Unit Mix
The complex features:
- (4) 2-Bed/1-Bath Units
- (1) 3-Bed/1-Bath Unit
- (1) 1-Bed/1-Bath Unit
Location Benefits
Strategically located near amenities, high demand areas, and ongoing developments, this property is poised for sustained growth and appreciation.
Property Details
Asset Type
MultiFamily
Year Built
1905
Submarket
Los Angeles
ZIP
90044
Listing Type
sale
Net Operating Income (NOI)
$112,221
Debt Service Coverage Ratio (DSCR)
1.68x
Cap Rate
9.55%
Cash Flow (Annual)
$45,379
Cash-on-Cash Return
15.45%
Monthly Debt Service
$5,570
Annual Debt Service
$66,841
View on Map
Address
8715 Regina Ct (602 W 87th), Los Angeles, Ca 90044
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Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.