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$ 1,250,000
Est. payment | /mo
9,212 Sqft Lot
$ 1,250,000
Est. payment | /mo
9,212 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25178556
HOA Y/N No
Year Built 1989
Lot Size 9,212 Sqft
Property Sub-Type Multi Family
Property Description
Investor's Dream - 6-Unit Income Property
1114 W 105th St, Los Angeles, CA 90044
Unlock a rare opportunity to own a fully occupied value-add 6-unit apartment building in one of Los Angeles' strongest rental pockets. Built in 1989, this no-rent-control property subject to AB-1482 only sits on a large lot and features a highly desirable unit mix consisting of two 3 bedroom 2 bathroom units, two 2 bedroom 1 bathroom units one of which can be delivered vacant, and two 1 bedroom 1 bathroom units. All units are renovated with upgraded kitchens, updated bathrooms, and modern tile flooring throughout.
Additional features include three two-car garages with new doors that offer excellent parking or storage options, plus one assigned parking space per unit. The property has six gas meters, seven electric meters, and six new tankless water heaters. There is potential for an on-site laundry area. A recently installed roof adds value and peace of mind.
With scheduled rent increases, this building presents strong upside potential and long-term cash flow growth. Located minutes from LAX, South Bay, BMO Stadium, and Downtown LA, this is a prime rental location. The seller is motivated and offering the property in as-is condition. Buyer to cooperate with seller's 1031 exchange. Do not miss this opportunity to acquire a high-performing Los Angeles asset.
1114 W 105th St, Los Angeles, CA 90044
Unlock a rare opportunity to own a fully occupied value-add 6-unit apartment building in one of Los Angeles' strongest rental pockets. Built in 1989, this no-rent-control property subject to AB-1482 only sits on a large lot and features a highly desirable unit mix consisting of two 3 bedroom 2 bathroom units, two 2 bedroom 1 bathroom units one of which can be delivered vacant, and two 1 bedroom 1 bathroom units. All units are renovated with upgraded kitchens, updated bathrooms, and modern tile flooring throughout.
Additional features include three two-car garages with new doors that offer excellent parking or storage options, plus one assigned parking space per unit. The property has six gas meters, seven electric meters, and six new tankless water heaters. There is potential for an on-site laundry area. A recently installed roof adds value and peace of mind.
With scheduled rent increases, this building presents strong upside potential and long-term cash flow growth. Located minutes from LAX, South Bay, BMO Stadium, and Downtown LA, this is a prime rental location. The seller is motivated and offering the property in as-is condition. Buyer to cooperate with seller's 1031 exchange. Do not miss this opportunity to acquire a high-performing Los Angeles asset.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry Inside
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 6060017021
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Alex Avilez JohnHart Corp. 626-290-6900