$1,175,000

Estimated payment $7,577/month

Total Views 9,776
12 Beds
6 Baths
4,085 Sq Ft
$288 Price per Sq Ft

About This Home

We are proud to present 8715 Regina Ct, an attractively priced 6-unit multifamily property in Los Angeles, offered at a 9.31% CAP and 7.37 GRM upon lease up on the vacant units, with upside potential to achieve an 10.45% CAP and 6.62 GRM upon stabilization. Located just south of Manchester Ave and east of Hoover St, abutting the Algin Sutton Recreation center, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. The property is comprised of three separate buildings, a two-story front structure, a single-story ADU, and a single-story rear building offering a total of 4,085 rentable square feet. Built in 1905, the property sits on a sizable 5,802 SF LARD2-zoned corner lot with street access on both sides. The unit mix features one three-bedroom unit, four two-bedroom units, and one one-bedroom unit with 3 units delivered VACANT at closing, presenting an immediate opportunity for stabilization at market rents. Five out of six units have been renovated including the three vacant units. Contact the listing broker for additional details.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 06/30/2025

Co-Listing Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,802 Sq Ft Lot
  • Corner Lot

Home Design

  • Split Level Home

Interior Spaces

  • 4,085 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 6038-013-001

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 4085
  • Lot Acreage: 0.1332
  • Probate: No
  • Stories: 2
  • Year Built: 1905
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 287.64

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 29.45
  • Assessed Improvement Value: 239835
  • Assessed Land Percent: 70.55
  • Assessed Land Value: 574490
  • Total Assessed Value: 814325
  • Assessor Parcel Number: 6038-013-001
  • Lot Location: Corner Lot
  • Lot Size Area: 5802

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 7.37
  • Number Of Units: 6
  • Total Annual Expense: 45171
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,175,000 0.0% $288 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $1,175,000 +61.0% $288 / Sq Ft
03/16/2018 03/16/18 Sold $730,000 -2.7% $223 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $750,000 +2.7% $229 / Sq Ft
02/20/2018 02/20/18 Off Market $730,000 -- --
01/19/2018 01/19/18 For Sale $750,000 -- $229 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25538341

The MLS