This 13-unit multifamily apartment offers an outstandinginvestment opportunity with strong cash flow and rental upside potential of approximately 15% +/-. Priced very competitively at a 6.82% Cap Rate and 9.92 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. Nearly all the units have had significant amounts of upgrades, and the property is comprised of seven separate structures on a large 18,000 sf lot with parking for 16 cars (mix of garage, covered, and uncovered)! There is also possibly ADU potential (Buyer to verify). The property features a unit mix of (3) two bedroom units, (9) one bedroom units, and (1) studio; All of which are individually metered for gas and electricity. The area has traditionally been a strong rental market, and units are in high demand.
Property Details
Price:
$2,850,000
MLS #:
25551069
Status:
Active
Baths:
0
Address:
1124 W 110th Street
Type:
Residential Income
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jun 11, 2025
State:
CA
ZIP:
90044
Lot Size:
18,015 sqft / 0.41 acres (approx)
Year Built:
1953
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Schools
Interior
Cooling
None
Heating
Forced Air
Exterior
Parking Features
Covered, Garage – Three Door, Uncovered
Parking Spots
16.00
Stories Total
2
Financial
Map
Community
- Address1124 W 110th Street Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
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1124 W 110th Street
Los Angeles, CA
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