645 W 97th Street, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
645 W 97th Street,Los Angeles, CA 90044
$1,550,000
  • 12 Beds
  • 9 Baths
  • 4,800 sq. ft.
  • Multi-family
  • Active
Listed by: kenny stevens
Office: compass
MLS#:26640191
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$322.92

About this home

645 W. 97th Street is now offered at a 7.47% CAP and 10.07 GRM, following a $100,000 price reduction, equating to $323 per SF on 2020 construction. The combination of newer build quality, larger floor plans, and in-place return creates a profile that is increasingly difficult to source in South LA. Completed in 2020, the triplex is exempt from the City of LA RSO and CA AB-1482 and is not subject to annual rent caps (buyer to verify). The absence of local and statewide rent control provides operational flexibility that many surrounding assets do not offer. The property consists of three 4-bdrm. / 3-bath units averaging approx. 1,600 SF each. These are not compact apartment layouts. The scale allows for full living and dining areas, defined bedroom separation, and a floor plan that accommodates larger households or shared living arrangements. The front unit will be delivered vacant at close of escrow, offering optionality for an owner-user or the ability to reset rents at turnover.

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Home facts

  • Year built:2020
  • Listing ID #:26640191
  • Added:45 day(s) ago
  • Updated:March 06, 2026 at 11:42 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:9
  • Living area:4,800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2020
  • Building area:4,800 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Modern
  • Levels:2 Story

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$322.92
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