
1027 W 91st St Los Angeles, CA 90044
Westmont NeighborhoodAbout This Home
As of April 20251027 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-503-7574 License #02012167 Listed on: 01/25/2025

Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-503-7574 License #02012167 Listed on: 01/25/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,645
Year Built
- Built in 1906
Lot Details
- 0.43 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 12 Open Parking Spaces
- 12 Car Garage
Home Design
- Property Attached
Interior Spaces
- 5,837 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 6001
- Assessor Parcel Number 6047015028
Community Details
Overview
- 3 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $7,588
- Professional Management Expense $7,930
- Trash Expense $3,600
- Water Sewer Expense $7,920
- Operating Expense $54,523
- Gross Income $158,595
- Net Operating Income $104,072
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,400,000 | Fidelity National Title | |
Deed | -- | Law Office Of Jerome B Smith |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $746,000 | New Conventional | |
Previous Owner | $560,000 | Commercial | |
Previous Owner | $225,000 | Commercial | |
Previous Owner | $150,000 | Commercial | |
Previous Owner | $100,000 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/16/2025 04/16/25 | Sold | $1,400,000 | -9.7% | $240 / Sq Ft |
03/03/2025 03/03/25 | Pending | -- | -- | -- |
01/25/2025 01/25/25 | For Sale | $1,550,000 | -- | $266 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,645 | $1,446,360 | $1,020,000 | $426,360 |
2024 | $8,645 | $302,452 | $140,867 | $161,585 |
2023 | $8,139 | $296,522 | $138,105 | $158,417 |
2022 | $7,930 | $290,709 | $135,398 | $155,311 |
2021 | $7,879 | $285,010 | $132,744 | $152,266 |
2020 | $7,902 | $282,088 | $131,383 | $150,705 |
2019 | $7,736 | $276,557 | $128,807 | $147,750 |
2018 | $7,348 | $271,135 | $126,282 | $144,853 |
2016 | $6,937 | $260,608 | $121,379 | $139,229 |
2015 | $6,859 | $256,694 | $119,556 | $137,138 |
2014 | $6,901 | $251,667 | $117,215 | $134,452 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Nick Ensbury
Lyon Stahl Investment Real Estate, Inc.
(310) 503-7574
1 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25018301

APN: 6047-015-028
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