8715 South Regina Court

Los Angeles, CA 90044

$1,175,000
Price
12
Beds
6
Baths
4,058 Sq. Ft.
$290 / Sq. Ft.
4,058
Sq. Ft.
$290
per Sq. Ft.

Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not just profitability, but sustained financial growth. An ideal unit mix, featuring (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this...Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 8715 Regina Ct, a predominantly stabilized 6-Unit Apartment complex offers investors a lucrative cash flow opportunity. Priced at a 9.65 GRM and 6.03% Current Cap rate, this asset promises not just profitability, but sustained financial growth. An ideal unit mix, featuring (4) 2-Bed/1-Bath, (1) 3-Bed/1-Bath and (1) 1-Bed/1-Bath Units. An extremely attractive $195k/Door and $289/SF highlight the potential growth for this building. 8715 Regina Ct is in a very attractive submarket, sandwiched between Inglewood, Gardena and Downtown Los Angeles.
  1. Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 8715 South Regina Court

Zoning
LARD2
Parcel Number
6038013001
Total Units
6.0
Living Area
4058
Source Living Area
Owner
Area
Metropolitan Southwest (C36)
Vacancy Rate
0
Lot Size Area
5802

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419
Add your commute
LISTING UPDATED: 05/23/2024 12:01 AM

Property Details for 8715 South Regina Court

StatusActive
MLS #24-392023
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.13 AC / 5,802 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419
Add your commute

Building Information for 8715 South Regina Court

Stories2Residences-Year Built1905Building Size-Lot Size0.13 AC / 5,802 SF

Payment Calculator

$7,284 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$872

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8715 South Regina Court

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: apt
  • Security Features: Gated
  • Direction Faces: North
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $118,091
  • Net Operating Income: $70,866.00
  • Gross Income: $121,743
  • Cap Rate: 6.03%
  • Gross Rent Multiplier: $9.65
  • Actual Annual Gross Rent: $121,743.00
  • Vacancy Allow Dollar: $3,652.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 47225
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.1332
  • Lot Size Square Feet: 5802
  • Lot Features: Rectangular Lot
  • Lot Description: Lot Shape-Rectangular, Lot-Level/Flat
Parking Details
Parking Details
  • Parking Garage: Uncovered, Tandem
  • Total Parking: 2
  • Parking Features: Uncovered, Tandem Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-15-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,862.00
  • Unit Actual Rent: $7,449.00
  • Unit Projected Rent: $12,208.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $696.00
  • Unit Actual Rent: $696.00
  • Unit Projected Rent: $2,407.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $235,133.00
  • Assessed Improvement Percent: 29.45
  • Assessed Land Value: $563,226.00
  • Assessed Land Percent: 70.55
  • Assessed Total Value: $798,359.00

Property History for 8715 South Regina Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8715 South Regina Court

Taxable ValueLand$563,226Additions$235,133Total$798,359
Tax Record2023$10,465 ($872 / month)
Home Facts
Total Finished SqFt3,274 SqFtAbove Grade Finished SqFt3,274 SqFtLot Size5,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningLARD2CountyLOS ANGELESAPN6038-013-001

Schools near 8715 South Regina Court

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 6
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Manchester Avenue Elementary School
Public1 to 6

Bret Harte Preparatory Middle School
Public6 to 8

KIPP Academy Of Opportunity
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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8715 South Regina Court is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on May 15, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,175,000. It has been on the market for a total of 28 days and was last sold on February 14, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Manchester Avenue Elementary School, Bret Harte Preparatory Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 8715 South Regina Court is a 12-bed, 6-bath, 4,058 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.