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Multifamily

1135-1141 W 105th Street

1135 W 105th St, Los Angeles, CA 90044

Listing Price: $2,350,000

Cap Rate
6.44%
Number of Units
14
GRM
5.77
Occupancy
95.0%
Price/Unit
$167,857
Price/Gross SF
$177.47
Gross SF
13,242

Investment Overview

Two contiguous parcels totaling 0.42 acres in South Los Angeles, located at 1135 and 1141 W 105th Street. Combined, the properties offer 14 spacious apartment units across 13,342 square feet of rentable area, with abundant parking and strong value-add potential. 1135 W 105th Street is 6 Units and consists of: One 3 Bed 1 Bath Unit, One 1 Bed 1 Bath unit and Four 2 Bed 1 Bath Units; 1141 W 105th Street consists of 8 Units: One 3 Bed 1 Bath Unit, Two1 Bed 1 Bath Units, and Five 2 Bed 1 Bath Units. Parcels have a shared driveway and is a total of fourteen Units: Two 3 Bed 1 Bath Units, Three 1 Bed 1 Bath Units, and nine 2 Bed 1 Bath units. Property boasts 19 Parking Spaces: 4 tuck-under spots on 1135 W 105th and 3 tuck under spots on 1141 W 105th St, plus 12 covered spaces behind the buildings This is a true value-add LA City deal with potential to add ADUs and over 40% upside in rents.

Investment Highlights

  • Large Units/ Diverse Unit Mix
  • 19 on site Parking Spots (ADU Potential)
  • Over 40% upside in rents

Exclusively Listed By

Multifamily

1135-1141 W 105th Street

Listing Price: $2,350,000

Cap Rate
6.44%
Number of Units
14
GRM
5.77
Occupancy
95.0%
Price/Unit
$167,857
Price/Gross SF
$177.47
Gross SF
13,242

Investment Highlights

  • Large Units/ Diverse Unit Mix
  • 19 on site Parking Spots (ADU Potential)
  • Over 40% upside in rents

Investment Overview

Two contiguous parcels totaling 0.42 acres in South Los Angeles, located at 1135 and 1141 W 105th Street. Combined, the properties offer 14 spacious apartment units across 13,342 square feet of rentable area, with abundant parking and strong value-add potential. 1135 W 105th Street is 6 Units and consists of: One 3 Bed 1 Bath Unit, One 1 Bed 1 Bath unit and Four 2 Bed 1 Bath Units; 1141 W 105th Street consists of 8 Units: One 3 Bed 1 Bath Unit, Two1 Bed 1 Bath Units, and Five 2 Bed 1 Bath Units. Parcels have a shared driveway and is a total of fourteen Units: Two 3 Bed 1 Bath Units, Three 1 Bed 1 Bath Units, and nine 2 Bed 1 Bath units. Property boasts 19 Parking Spaces: 4 tuck-under spots on 1135 W 105th and 3 tuck under spots on 1141 W 105th St, plus 12 covered spaces behind the buildings This is a true value-add LA City deal with potential to add ADUs and over 40% upside in rents.

Exclusively Listed By

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