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9526 Firth Blvd
Los Angeles, CA 90002 Watts

$1,325,000 USD

Apartments For Sale  •  5,874 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,874 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 6.00 %
  • Zoning LAR3
53 Transit Score
73 Walk Score

Highlights

9-Unit Apartment on a Large 9,999-SF Lot | 6.00% Current Cap Rate & 9.92 Current GRM
11.85% Pro-Forma Cap Rate & 6.20 Pro-Forma GRM | Rare LAR3 TOC Tier 3 Zoning – Build Up to 22 Units*
Unit Mix of (One) 4-Bedroom/2-Bathroom House, (Four) 2-Bedroom/1-Bathroom Units & (Four) 1-Bedroom/1-Bathroom Units
Tremendous Value-Add Opportunity | Approximately 56% in Rental Upside | Offered at $147,222 Per Unit & $226 Per SF
Located 5 Miles from SoFi Stadium & Intuit Dome (NBA Clippers Arena) & Approximately 5.5 Miles from Downtown Los Angeles & USC
TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit

Financial Summary (Actual)

Net Operating Income: $79,437 USD (2025)
Cap Rate: 6.00 %
Total Expenses: $50,082 USD

Public Transportation

Commuter RailDriveWalkDistance
16 min - 8.4 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 19 min - 9.0 mi
Transit/SubwayDriveWalkDistance
103rd Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
Firestone Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 12.2 mi
Long Beach (Daugherty Field) 24 min - 13.4 mi
Bob Hope 36 min - 27.0 mi
Ken Conant 310-729-9659 Estate Properties Torrance
Ken Conant 310-729-9659 Estate Properties Torrance