Los Angeles, CA 90044,1124 W 110th St
See all 16 photos
Los Angeles, CA 90044,1124 W 110th St
Los Angeles, CA 90044,1124 W 110th St
Los Angeles, CA 90044,1124 W 110th St
Los Angeles, CA 90044,1124 W 110th St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Sun
22
Jun
Mon
23
Jun
Tue
24
Jun
$ 2,850,000
Est. payment /mo
Save
Active

1124 W 110th St Los Angeles, CA 90044

16 Beds

13 Baths

7,329 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,329 sqft

Price per Sqft $388

MLS Listing ID 25551069

Bedrooms 16

Year Built 1953

Lot Size 0.414 Acres

Acres 0.4136

Property Sub-Type Multi-Family

Property Description

This 13-unit multifamily apartment offers an outstandinginvestment opportunity with strong cash flow and rental upside potential of approximately 15% +/-. Priced very competitively at a 6.82% Cap Rate and 9.92 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. Nearly all the units have had significant amounts of upgrades, and the property is comprised of three separate structures on a large 18,000 sf lot with parking for 16 cars (mix of garage, covered, and uncovered)! There is also possibly ADU potential (Buyer to verify). The property features a unit mix of (3) two bedroom units, (9) one bedroom units, and (1) studio; All of which are individually metered for gas and electricity. The area has traditionally been a strong rental market, and units are in high demand.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Equipment None

Exterior

Parking Features Covered Parking, Garage - 3 Car, Uncovered

Garage Spaces 16.0

Building

Story 2

Level or Stories One, Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

w600_original_82afdf6b-96e0-4b9d-b937-ae340f2e5324-jpeg (1)
};