154 94Th StLos Angeles, CA 90003

Property Details for 154 94Th St

Year built

2022

Property size (Sq ft)

3,513 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a newly constructed (2022) gated duplex in Los Angeles, California. Boasting a desirable R2-1 zoning, this Class A property offers two identical 5-bedroom, 3-bathroom units, each spanning a generous portion of the 3,513 square foot building. The property sits on a 5,034 square foot lot and includes four parking spaces – one attached garage for the front unit and a two-car attached garage plus one uncovered space for the rear unit. Both units feature 12-foot ceilings, newer laminated wood flooring, updated interior paint, white kitchen cabinetry, and included refrigerators. Individual electrical, gas, and water meters ensure efficient utility management. Further enhancing the property's value is a complete NFPA 13D fire sprinkler system and a 100-amp electrical power pole. The duplex currently enjoys 100% occupancy, generating a substantial $91,525 annual net operating income (NOI), representing a compelling 6.78% capitalization rate. This fee-simple ownership offers a strong return on investment and is suitable for a 1031 exchange. Located at 154 E 94th St, Los Angeles, CA 90003, this property presents a rare opportunity to acquire a high-performing, turnkey investment in a prime Los Angeles location. The solar panel system further contributes to the property's energy efficiency and long-term value.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9507

Longitude

-118.272

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