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$ 955,000
Est. payment /mo
Price Dropped by $5K
424 W 108th West Los Angeles, CA 90061
11 Beds
5 Baths
5,248 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26069885
Bedrooms 11
Lot Size 5,248 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: 7.79 % in-place CAP | 10.16% pro forma CAP Separate electric and gas meters 4 one-car garages generating additional rental income Opportunity to install coin-op laundry for further NOI growth 5,248 SF lot Proven income-producing asset Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside offering both strong current yield and operational growth potential in one of Los Angeles most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From FWY 110 W on 108
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6061034006
Acceptable Financing Cal Vet, Cash, Conventional, FHA
Listing Terms Cal Vet, Cash, Conventional, FHA
Listed by Gustavo Arias, DRE#01889399 First Team Real Estate
NEARBY SCHOOL & BUSINESS