1455 W 106th, Los Angeles, CA, 90047

USD 950,000
For Sale

Property Details

Bedrooms

9

Bathrooms

2

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 9 • Bathrooms: 2 • Square Feet: 3821 • Lot/Size: 8,506 sqft lot

Description: We are pleased to present 1455 W 106th Street, a 6-unit multifamily investment opportunity in the unincorporated Los Angeles submarket (90047). Built in 1955, the property features a desirable unit mix of (1) 3 Bed/1 Bath freestanding home, (1) 2 Bed/1 Bath, and (4) 1 Bed/1 Bath units, totaling approximately 3,821 square feet on an oversized 8,506 square foot lot. The expansive lot provides ample on-site parking, a highly sought-after amenity in this parking-impacted submarket. Tenants pay for gas and electricity, and the property benefits from on-site laundry generating additional income. Offered at a 6.52% CAP rate and 9.87 GRM on current rents, with upside to an 9.63% market CAP rate and

Location

Address

1455 W 106th, Los Angeles, CA, 90047

City

Los Angeles

Features and Finishes

Year Built: 1955; [object Object]; [object Object]; [object Object]

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