Property Details
About this Property
This spacious 8-unit garden style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants. Key Features: Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint. Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential. Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility. Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available. Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value. Why This is a Great Investment: This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents
MLS Listing Information
MLS #
CRGD24165152
MLS Source
California Regional MLS
Days on Site
35
Interior Features
Flooring
Laminate
Exterior Features
Foundation
Raised
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 8 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1525 W 105th St is a Residential Income in Los Angeles, CA 90047. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,000 and was built in 1953. This address can also be written as 1525 W 105th St, Los Angeles, CA 90047.
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This listing information is up-to-date as of October 14, 2024. For the most current information, please contact Vartan Achabahian, (818) 497-5294
