With an attractive 4.9% cap rate and a 14.3 gross rent multiplier this remarkable multi-family building is priced to sell! 1150 Regent St. is a 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily classic is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this well-maintained apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. With a net operating income of $12,311, this investment promises lucrative returns that are sure to capture the attention of discerning buyers.

Listing courtesy of Finneus Egan of Compass

Based on information from the The MLS as of 2025-03-12 11:13 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.