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1451 W. 105th Street, Los Angeles, CA 90047 1451 W 105th St
18 Unit Apartment Building $6,350,000 ($352,778/Unit) 6.16% Cap Rate Los Angeles, CA 90047
Investment Highlights
- Great Income
- Assigned Covered Parking
- Laundry On-Site
- Renovated Units
- Same ownership for 51 years
- Drive By Only
Executive Summary
Discover 1451 W. 105th St in Los Angeles, a family-owned treasure for 51 years, nestled in an Opportunity Zone. Very large units with seventeen 3 bedroom and 1.5 bathroom, and one 3 bedroom and 2.5 bathroom. Recently upgraded with modern amenities, including a top-notch video system and underground parking, this property offers spacious rooms and convenient onsite laundry. With stable long-term tenants and potential for value enhancement, it's a prime investment opportunity. Don't miss out on owning a piece of history with this property!
Also for Sale, 1455 W. 105th Street, Same Ownership.
PLEASE DO NOT DISTURB THE TENANTS!
Disclosure:
**The Seller is a Licensed California Real Estate Broker, who is marketing the property on several platforms, therefore, any leads derived from such efforts will not be paid a Selling Agent/Buyer's Agent Commission.
Also for Sale, 1455 W. 105th Street, Same Ownership.
PLEASE DO NOT DISTURB THE TENANTS!
Disclosure:
**The Seller is a Licensed California Real Estate Broker, who is marketing the property on several platforms, therefore, any leads derived from such efforts will not be paid a Selling Agent/Buyer's Agent Commission.
Data Room Click Here to Access
- Offering Memorandum
- New Folder
Property Facts
| Price | $6,350,000 | Building Class | C |
| Price Per Unit | $352,778 | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 18,000 SF |
| Cap Rate | 6.16% | Average Occupancy | 88% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | $6,350,000 |
| Price Per Unit | $352,778 |
| Sale Type | Investment |
| Cap Rate | 6.16% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 18,000 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Dining Room
- Family Room
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 17 | - | 533 |
| 3+2.5 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 6059-020-014 | Improvements Assessment | $324,945 |
| Land Assessment | $40,263 | Total Assessment | $365,208 |
PROPERTY TAXES
Parcel Number
6059-020-014
Land Assessment
$40,263
Improvements Assessment
$324,945
Total Assessment
$365,208
zoning
| Zoning Code | LCR2* |
| LCR2* |
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1451 W. 105th Street, Los Angeles, CA 90047 | 1451 W 105th St
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