1114 105th Street, Los Angeles
Los Angeles Home For Sale
JD Residential & Commercial Real Estate is pleased to present 1114 W. 105th St. L.A 90044 a 6 units investment property with substancial value-add potential. No Rent Control Property in L.A area, 100% rented. Upon stabilizing at market rent levels, this asset can achieve a great CAP Rate! Fantastic Oportunity to own 6 renovated units on one big lot, currently; it generates $ 9,462.00 per month, yielding a CAP Rate of 5.39%. The building spans 5,288 square feet and sits on a 9,211-square-foot lot. Although local ordinances pose some stabilization challenges, the property's predominantly units mix facilitates a higher turnover rate, which could expedite reaching market rent levels. (Unit's Mix) 2 (3/2), 2 (2/1) and 2 (1/1) remodeled kitchens and bathrooms, tile floors, recently installed roof, 6 gas meters, 7 electrical meters, 1 water meter, 6 brand new waterless heater tanks, 3 car garages (2 cars each), 1 assigned parking spot for each unit, many good features to list them all. Buyers and Buyer's agent to do their own due diligence before submiting an offer. This is an excellent opportunity for investors seeking to capitalize on a property with promising upside, with the right vision you can leverage on your investment. The property is being sold AS-IS conditions.
Property Details
Additional Information
-
- City:
- Los Angeles
-
- County:
- Los Angeles
-
- Zip:
- 90044
-
- MLS® #:
- DW24098830
-
- Bedrooms:
- 12
-
- Bathrooms:
- 8
-
- Lot Size:
- 0.21
-
- Levels:
- Two
-
- Garages:
- 6
-
- HOA Dues:
- $
Price Change History for 1114 105th Street, Los Angeles, (MLS® #DW24098830)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Increased | $1,500,000 | $1,000 (0.07%) | |
| Price Reduced | $1,499,000 | $1,000 (0.07%) | |
| Price Reduced (from $1,600,000) | $1,500,000 | $100,000 (6.25%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2024 at 11:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.