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 #
CRGD24165152
MLS Source
California Regional MLS
Days on Site
65
Flooring
Laminate
Foundation
Raised
Style
Bungalow
Garage/Parking
Garage, Garage: 8 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | – |
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.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 10, 2024. For the most current information, please contact Vartan Achabahian, (818) 497-5294