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1525 W 105Th Street

Los Angeles, CA 90047

$1,699,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1953

calendar_month Built

Property Description

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, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.

Listing Information

List Price $1,699,000
Status Active
MLS GD24165152
Type Residential Income
Subtype Apartment
Year Built 1953
Lot Size 19,068
Structure Size N/A
Courtesy Of Prospect Group Inc.
Listing Agent Vartan Achabahian DRE#01728975

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl
Fireplace Information
Features None
Cooling Type
Cooling Type Ductless

Exterior Information

Maps

home_work Nearby Properties

Image

$2,500,000

king_bed 15
shower 15
straighten 9,691
straighten 23,116
1543 W 105Th Street,

Los Angeles, CA 90047
Image

$1,350,000

king_bed 1
shower 1
straighten 864
straighten 19,068
1455 W 105Th Street,

Los Angeles, CA 90047
Image

$3,900/month

king_bed 3
shower 3
straighten 19,425
straighten 19,063
1451 W 105Th Street, #1,

Los Angeles, CA 90047
Image

$3,257,000

king_bed N/A
shower N/A
straighten N/A
straighten 17,287
1515 W 103Rd Street,

Los Angeles, CA 90047
Image

$1,700/month

king_bed N/A
shower N/A
straighten N/A
straighten 8,529
10216 S Denker Avenue,

Los Angeles, CA 90047

Listing information courtesy of: Vartan Achabahian, Prospect Group Inc. 818-497-5294. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 6:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.