Executive Summary

The Neema Group of Marcus & Millichap is pleased to present 1005–1009 & 1017 W 95th Street, a unique multi-parcel investment opportunity in South Los Angeles. The offering consists of two contiguous parcels totaling approximately 19,545 square feet of land, comprising a 9-unit multifamily building, a duplex, a single-family residence, and a vacant parking lot — providing an incoming owner with diversified income streams and multiple paths to value creation within a single acquisition.

The 9-unit building at 1017 W 95th St sits on a 9,228 SF parcel and contains 7,450 SF of building area. The adjacent parcel at 1005–1009 W 95th St spans 10,317 SF and includes a duplex and single-family home totaling 3,096 SF, along with a vacant parking lot currently not utilized by tenants. The combined unit mix across both parcels consists of (1) 1Bed+1Bath, (10) 2Bed+1Bath, and (1) 5Bed+1Bath.

The offering generates a combined cap rate of 7.70%, providing a strong stabilized return at an attractive basis. The vacant parking lot represents an immediate, low-capital income opportunity — whether leased to local businesses or offered directly to residents. Additional on-site parking includes 9 spaces at the 9-unit (4 tuck-under, 5 carport) and a large side driveway at 1009 W 95th capable of accommodating 4 or more vehicles.

The surrounding South Los Angeles submarket continues to benefit from significant private investment in the adjacent Inglewood entertainment corridor, anchored by SoFi Stadium and the Hollywood Park mixed-use development, driving sustained residential demand in the immediate trade area.

1005–1009 & 1017 W 95th Street represents a rare opportunity to acquire a versatile, income-producing multi-parcel asset with a proven in-place cap rate, meaningful parking upside, and exceptional transit access — all at a basis that is increasingly difficult to replicate across the South Los Angeles submarket.