1114 W 105th St

Los Angeles, CA 90044

JD Residential & Commercial Real Estate is pleased to present 1114 W.

Sales Price $1,500,000

Beds

12

Baths

8

Home Size

5288 Sq. Ft.

Lot Size

9213 Sq. Ft.

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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.

This home located at 1114 W 105th ST is currently active and has been available on pardeeproperties.com for 40 days. This property is listed at $1,500,000. It has 12 beds and 8 bathrooms. The property was built in 1989. 1114 W 105th ST is in the Metropolitan Southwest community of Los Angeles County.

Quick Facts

  • 40 days on market
  • Built in 1989
  • Total parking spaces 12Car
  • Assigned, Driveway - Combination
  • Community | Metropolitan Southwest
  • MLS# | DW24098830MR

Features

  • None Cooling
  • Other Heat
Connect with an agent

Aishah Bango

Partner | DRE #02123858

Listed By Ramon Pereira · JD Residential & Commercial RE

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