Home | Los Angeles County | Los Angeles | 90061 | 424 W 108th
MLS: CRPW26069885 | Status: Active | Price: $960,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,248 | 1940 |
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. A 2/1 unit is currently available — offering immediate flexibility for an owner-use or lease-up at market rent. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • One upgraded vacant unit ready for immediate "owner living in one" or lease • Separate electric and gas meters • 4 one-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset • Maintained Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
| Field | Value |
|---|---|
| MLS # | CRPW26069885 |
| MLS Source | California Regional MLS |
| Days on Site | 9 |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Gas, Refrigerator |
| Flooring | Laminate |
| Laundry | None |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Rolled/Hot Mop |
| Foundation | Combination |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage, Other, Garage: 4 Car(s) |
| HOA Fee | $0 |
Gustavo Arias
First Team Real Estate
License #: 01889399
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 8014 S Western | $900,000 | – | – | – | Active |
| 632 E 85th | $800,000 | – | – | – | Active |
| 624 E 80th | $1,120,000 | – | – | – | Active |
| 431 W 78th | $849,000 | – | – | – | Active |
| 1677 E Imperial | $999,900 | – | – | – | Active |
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This listing information is up-to-date as of April 16, 2026. For the most current information, please contact Gustavo Arias.