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.
Key highlights:
• 7.79 % in-place CAP | 10.16% pro forma CAP
• 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
Fully Occupied
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.
The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath.
Key highlights:
• 7.79 % in-place CAP | 10.16% pro forma CAP
• 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
Fully Occupied
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.
Property Details
Price:
$960,000
MLS #:
PW26069885
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Apr 14, 2026
Total Sq Ft:
3,992
Lot Size:
5,248 sqft / 0.12 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Appliances
RF, GR, WHU
Cooling
NO
Flooring
TILE, LAM
Heating
WL
Interior Features
CORC, GRNC, _2STR
Laundry Features
NO
Exterior
Common Walls
_1CW
Community Features
URB
Construction Materials
STC
Direction Faces
E
Fencing
WD
Garage Spaces
4
Parking Spots
8
Parking Total
8
Roof
ROL
Spa Features
NO
View
NO
Window Features
BLI
Financial
Map
Community
- Address424 W 108th W Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 13, 2026
10,185
Single Family Listed
97
Avg DOM
496
Avg $ / SqFt
$1,537,543
Avg List Price
Property Summary
- 424 W 108th W Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90061. It is listed for $960,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1940. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,537,543.
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Courtesy of First Team Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.424 W 108th W
Los Angeles, CA