NOT LISTED FOR SALE

1246 W 96th St Los Angeles, CA 90044

Estimated Value: $958,000 - $1,274,000

8 Beds
4 Baths
2,808 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $1,040,000 $370 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,532/month

About This Home

Cash Cow! Perfect for an Owner User. 7.16% Cap Rate and
10.42 GRM! Can deliver 1 or 2 units vacant at the close of
escrow upon buyer's choice.
Beautifully remodeled triplex located at 1246 W 96th St, Los
Angeles! This gem is comprised of a 4Bed+2Bath House
and two 2Bed+1Bath duplex in the back. Both 2Bed+1Bath
units are currently vacant and are rent/owner-user ready.
Once the property is fully occupied, it will operate at a
7.16% CAP and 10.42 GRM - this is the best cash-flow deal
on the market!
1246 W 96th St features stunning remodels, including new
floors, cabinets, countertops, bathrooms, appliances, etc.
There is also copper plumbing and central AC throughout
both buildings, as well as a new roof and washer/dryer
hookups on the 4Bed house. All interior work has been
done for the new owner making this an extremely low
maintenance property ! Plenty of parking throughout - 2
parking spots for each 2Bed units and 6 spots for the 4Bed
House.
With one of the high CAP rate and lowest GRM on the
market, this is the perfect investment for any buyer
looking for high cash-flow and low maintenance or a
move-in-ready property where your tenants pay your
mortgage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Brennan Patrick Kyle
Bought by
Pbj Family Trust and Brennan
Current Estimated Value
$1,088,551

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 22, 2023
Sold by
Brennan Jana Marie
Bought by
Brennan Patrick Kyle
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,049,000
Sold Price
$1,040,000
Premium/Discount to List
-$9,000
-0.86%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$728,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 21, 2023
Sold by
1246 W 96Th St Llc
Bought by
Brennan Patrick Kyle
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,049,000
Sold Price
$1,040,000
Premium/Discount to List
-$9,000
-0.86%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2023
Sold by
Davis Family Trust and Douglas Patricia
Bought by
1246 W 96Th St Llc

Purchase Details

Closed on
Jul 9, 1996
Sold by
Davis Claude C and Davis Martha Cruise
Bought by
Davis Claude C and Davis Martha Cruise

Purchase Details

Closed on
Feb 13, 1995
Sold by
American Svgs Bank Fa
Bought by
Cruise Davis Claude C and Cruise Davis Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pbj Family Trust -- None Listed On Document
Brennan Patrick Kyle -- Ticor Title
Brennan Patrick Kyle $1,040,000 Ticor Title
1246 W 96Th St Llc $665,000 Lawyers Title Company
Davis Claude C -- --
Cruise Davis Claude C $110,000 Chicago Title Company
American Svgs Bank $172,099 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brennan Patrick Kyle $728,000
Previous Owner Cruise Davis Claude C $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2024 01/08/24 Sold $1,040,000 -0.9% $370 / Sq Ft View Prior Sale
11/28/2023 11/28/23 For Sale $1,049,000 +0.9% $374 / Sq Ft
11/22/2023 11/22/23 Off Market $1,040,000 -- --
11/21/2023 11/21/23 Price Changed $1,049,000 -0.1% $374 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,050,000 -2.3% $374 / Sq Ft
11/01/2023 11/01/23 For Sale $1,075,000 +3.4% $383 / Sq Ft
10/30/2023 10/30/23 Off Market $1,040,000 -- --
10/18/2023 10/18/23 Price Changed $1,075,000 -2.3% $383 / Sq Ft
09/28/2023 09/28/23 For Sale $1,100,000 +65.4% $392 / Sq Ft
05/26/2023 05/26/23 Sold $665,000 -7.6% $237 / Sq Ft View Prior Sale
03/06/2023 03/06/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $720,000 -- $256 / Sq Ft

Tax History Compared to Growth

Source: Public Records

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 $9,879 $1,060,800 $754,800 $306,000
2024 $9,879 $678,300 $408,000 $270,300
2023 $5,714 $349,055 $201,797 $147,258
2022 $5,489 $342,212 $197,841 $144,371
2021 $5,433 $335,503 $193,962 $141,541
2020 $5,465 $332,064 $191,974 $140,090
2019 $5,290 $325,554 $188,210 $137,344
2018 $5,149 $319,171 $184,520 $134,651
2016 $4,917 $306,778 $177,355 $129,423
2015 $4,849 $302,170 $174,691 $127,479
2014 $4,860 $296,252 $171,270 $124,982
Source: Public Records

Agents Affiliated with this Home

  • Cameron Samimi

    Seller's Agent in 2024

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    7 in this area

    197 Total Sales

    Cameron Samimi
    Section Image
  • Jerome McAlpin

    Seller's Agent in 2023

    Jerome McAlpin

    McAlpin & Company

    (310) 902-8977

    2 in this area

    31 Total Sales

    Jerome McAlpin
    Section Image
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Map

California Los Angeles County Los Angeles 90044

1246 W 96th St, Los Angeles, CA

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