Multifamily

105th Street Apartments

1734 W 105th St, Los Angeles, CA 90047

Listing Price: $1,960,000

Cap Rate
5.09%
Number of Units
8
Price/Unit
$245,000
Price/Gross SF
$259.43
Gross SF
7,555

Investment Overview

Marcus & Millichap is pleased to present 1734 W 105TH St in Los Angeles, California. It is located just west of 110 freeway and north of the 105 freeway. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to schools and retail centers. The subject property has total of 8 units. 7 of the units consists of being 2 Bd/ 1Ba with 5 of them being townhome units. The last unit is a studio. All units are very well-maintained and there is 100% collections on them. The property comprises 1, two-story buildings built in 1961 with some renovations done over the years. The property is located in an opportunity zone and there is the property potential to add up 4 additional units per AB 68 The property also features onsite laundry and ample amount of parking. 11734 W 105TH St. would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow.

Investment Highlights

  • 10.57 GRM Market - 12.69 GRM Current
  • Only $264 Per Foot
  • Located in Opportunity Zone
  • Very Well-Maintained Units
  • 100% collections
  • Purchase with Under 30% Down Payment
  • +/- 20% Upside in rents and potential to add p to 4 additional Units per AB 68
  • Onsite Laundry and Ample Parking

Exclusively Listed By

  • Shane Young

    First Vice President Investments

    Email Shane

    License(s): CA: 01963090

    South Bay

  • Philip Maechling

    Associate

    Email Philip

    License(s): CA: 02065956

    South Bay

Listing Price: $1,960,000

Cap Rate
5.09%
Number of Units
8
Price/Unit
$245,000
Price/Gross SF
$259.43
Gross SF
7,555

Investment Highlights

  • 10.57 GRM Market - 12.69 GRM Current
  • Only $264 Per Foot
  • Located in Opportunity Zone
  • Very Well-Maintained Units
  • 100% collections
  • Purchase with Under 30% Down Payment
  • +/- 20% Upside in rents and potential to add p to 4 additional Units per AB 68
  • Onsite Laundry and Ample Parking

Investment Overview

Marcus & Millichap is pleased to present 1734 W 105TH St in Los Angeles, California. It is located just west of 110 freeway and north of the 105 freeway. It is centrally located with access to public transportation. The offering is in a strong rental location proximate to schools and retail centers. The subject property has total of 8 units. 7 of the units consists of being 2 Bd/ 1Ba with 5 of them being townhome units. The last unit is a studio. All units are very well-maintained and there is 100% collections on them. The property comprises 1, two-story buildings built in 1961 with some renovations done over the years. The property is located in an opportunity zone and there is the property potential to add up 4 additional units per AB 68 The property also features onsite laundry and ample amount of parking. 11734 W 105TH St. would make a great addition to the portfolio of any investor looking for an excellent unit mix and reliable cash flow.

Exclusively Listed By

  • Shane Young

    First Vice President Investments

    Email Shane

    License(s): CA: 01963090

    South Bay

  • Philip Maechling

    Associate

    Email Philip

    License(s): CA: 02065956

    South Bay

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