Property Detail

Description

Investor's Dream - 6-Unit Income Property 1114 W 105th St, Los Angeles, CA 90044 Unlock a rare opportunity to own a fully occupied value-add 6-unit apartment building in one of Los Angeles' strongest rental pockets. Built in 1989, this no-rent-control property subject to AB-1482 only sits on a large lot and features a highly desirable unit mix consisting of two 3 bedroom 2 bathroom units, two 2 bedroom 1 bathroom units one of which can be delivered vacant, and two 1 bedroom 1 bathroom units. All units are renovated with upgraded kitchens, updated bathrooms, and modern tile flooring throughout. Additional features include three two-car garages with new doors that offer excellent parking or storage options, plus one assigned parking space per unit. The property has six gas meters, seven electric meters, and six new tankless water heaters. There is potential for an on-site laundry area. A recently installed roof adds value and peace of mind. With scheduled rent increases, this building presents strong upside potential and long-term cash flow growth. Located minutes from LAX, South Bay, BMO Stadium, and Downtown LA, this is a prime rental location. The seller is motivated and offering the property in as-is condition. Buyer to cooperate with seller's 1031 exchange. Do not miss this opportunity to acquire a high-performing Los Angeles asset.