1027 W 91st Street is a value add 8-unit multifamily property in South Los Angeles. The three buildings, totaling 5,837 sq. ft., consist of (1) 3Bd+2Ba, (2) 2Bd+1Ba, (4) 1Bd+1Ba and (1) Studio. They are situated on a huge 18,933 sq. ft. lot that is zoned *R3. This is the first time that this property has been on the market in 40 years.
Attractive seller financing is available and coupled with a current 6.71% cap rate and 9.48 GRM, the cash-on-cash return could be approximately 11% from day one. There is a large, paved lot in the rear of the property with 12 parking spaces. A new owner should consider adding ADUs here to further increase the value.
Sold for $1,400,000
Listed by: Lyon Stahl Investment Real Estate, Inc. • Nicholas Ensbury • Contact: 310-425-9838
Bought with: Lyon Stahl Investment Real Estate, Inc.
$1,400,000
1027 W 91st St, Los Angeles, CA 90044
11beds
9baths
5,837sqft
Mixed Use
Built in 1906
-- sqft lot
$-- Zestimate®
$240/sqft
$2,075 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,075/mo
Zestimate® history
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$9,044/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Nicholas Ensbury DRE #02012167 310-503-7574,
Lyon Stahl Investment Real Estate, Inc.,
Keith Moret DRE #01802527 310-563-7144,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Nicholas Ensbury, DRE #02012167
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB25018301
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 9
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room, Upper Level
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,837
- Total interior livable area: 5,837 sqft
Property
Parking
- Total spaces: 24
- Parking features: Garage
- Garage spaces: 12
- Uncovered spaces: 12
Features
- Levels: Two
- Stories: 2
- Entry location: street
- Pool features: None
Lot
- Size: 0.43 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 6047015028
- Zoning: LCR320U*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $1,446,360
- Annual tax amount: $23,431
- Date on market: 1/25/2025
- Cumulative days on market: 37 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Owner Will Carry,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2025 | Sold | $1,400,000$240/sqft |
Source:  CRMLS #SB25018301 Report a problem | ||
| 2/18/2020 | Listing removed | $900 |
Source: LMD Property Management Report a problem | ||
| 2/10/2020 | Listed for rent | $900 |
Source: LMD Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,431 +171% | $1,446,360 +378.2% |
| 2024 | $8,645 +6.2% | $302,452 +2% |
| 2023 | $8,139 +2.6% | $296,522 +2% |
| 2022 | $7,930 +0.6% | $290,709 +2% |
| 2021 | $7,879 -0.3% | $285,010 +1% |
| 2020 | $7,902 | $282,088 +2% |
| 2019 | $7,902 +7.5% | $276,557 +2% |
| 2018 | $7,348 | $271,135 +2% |
| 2017 | $7,348 +1.9% | $265,819 +2% |
| 2016 | $7,211 +4% | $260,608 +1.5% |
| 2015 | $6,937 +0.5% | $256,694 +2% |
| 2014 | $6,901 | $251,667 +5.3% |
| 2010 | -- | $239,006 +3.8% |
| 2007 | -- | $230,274 +2% |
| 2006 | -- | $225,760 +4% |
| 2004 | -- | $216,996 +1.9% |
| 2003 | -- | $213,020 +6.1% |
| 2000 | -- | $200,737 |
Find assessor info on the county website
Neighborhood: 90044
Nearby homes
- $--1 bd1 ba700 sqft1027 W 91st St APT D, Los Angeles, CA 90044Off Market
- $--1 bd1 ba646 sqft1027 W 91st St APT E, Los Angeles, CA 90044Off Market
- $--2 bd1 ba830 sqft1031 W 91st St #B, Los Angeles, CA 90044Off Market
- $447,5001 bd1 ba572 sqft1041 W 91st St, Los Angeles, CA 90044Off Market
- $618,3003 bd1 ba1.2k sqft1021 W 91st St, Los Angeles, CA 90044Off Market
- $345,234-- bd-- ba2.6k sqft1017 W 91st St, Los Angeles, CA 90044Off Market
- $825,1005 bd4 ba2.6k sqft1017 W 91st St, Los Angeles, CA 90044Off Market
- $--2 bd1 ba1.1k sqft1033 W 91st St #A, Los Angeles, CA 90044Off Market
Nearby schools
GreatSchools rating
- 6/10Ninety-Fifth Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Bret Harte Preparatory Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10George Washington Preparatory High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Los Angeles County
- Westmont
- 90044
- 1027 W 91st St
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