8715 Regina Ct (602 W 87th), Los Angeles, CA 90044

Overview

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Property Type: Multi-Family Apartment Complex
Total Units: 6
Portfolio Option: Part of an 8-building portfolio (can be sold individually or as a portfolio)
Location: 8715 Regina Ct, Los Angeles, CA
Submarket: Inglewood / Gardena / Downtown Los Angeles

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Financial Highlights

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• Price: $195,833 per door / $289.55 per square foot
• Gross Rent Multiplier (GRM): 9.65
• Current Cap Rate: 6.03%
• Stabilized Cap Rate Potential: 13.64%
• Rental Upside Potential: 83%

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These financial metrics make 8715 Regina Ct an attractive investment for both seasoned investors and those new to the multi-family market. The property's GRM of 9.65 indicates strong revenue relative to its price, providing confidence in its cash flow potential. With a current cap rate of 6.03%, this complex demonstrates solid income generation, while the potential for stabilization at a cap rate of 13.64% reflects the property’s capacity for significant appreciation and long-term profitability.

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Unit Mix

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8715 Regina Ct features a well-balanced unit mix that caters to various tenant demographics, enhancing its appeal and minimizing risk. The composition includes:

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• (4) 2-Bed/1-Bath Units: Ideal for families or roommates, these units offer spacious living arrangements.
• (1) 3-Bed/1-Bath Unit: Perfect for larger families or groups seeking extra space.
• (1) 1-Bed/1-Bath Unit: Attracts singles or couples looking for a more compact living option.

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This diverse unit mix not only increases occupancy rates but also attracts a broader range of tenants, thus enhancing rental income stability.

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Location Benefits

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8715 Regina Ct is strategically located in a vibrant and growing area of Los Angeles, nestled between Inglewood, Gardena, and Downtown Los Angeles. The neighborhood offers numerous benefits, including:

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• Proximity to Amenities: Residents will enjoy easy access to shopping centers, dining options, entertainment venues, and public transportation. This accessibility enhances tenant satisfaction and retention, making the property more desirable.
• High Demand Area: The surrounding neighborhoods are known for their strong rental markets, ensuring a steady influx of potential tenants. With an increasing population and limited housing supply, demand for rental units is expected to remain robust.
• Ongoing Development: The local area is experiencing revitalization and development, contributing to increased property values and rental rates. As the region evolves, 8715 Regina Ct stands to benefit from rising demand and appreciation.

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8715 Regina Ct is not just a multi-family apartment complex; it represents a unique investment opportunity in a thriving segment of the Los Angeles real estate market. With its strong financial performance, ideal unit mix, and prime location, this property is poised for sustained growth and impressive returns.

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Whether you're an experienced real estate investor or looking to diversify your portfolio, 8715 Regina Ct offers the potential for immediate income and long-term value appreciation. The opportunity to acquire this property as part of an 8-building portfolio only enhances its attractiveness.

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For more information about this investment opportunity, please reach out to Taylor Avakian, founder of The Group CRE and First VP of Lyon Stahl. Don’t miss this chance to invest in a property with significant rental upside and long-term appreciation potential! This investment could be the cornerstone of your real estate portfolio. Act now and secure your future in one of the most dynamic rental markets in Los Angeles!

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