Los Angeles, CA 90044 1028 W 105th Street
$1,499,000
32 more
Presented By: Elvia Alvarez with Albert Ponce, Broker; 909-915-5306
- MLS# PW24208080
- 10/09/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 6
SQFT • 4,760
Home Details
Don’t Miss Out on This Exceptional Multifamily Property in South LA’s Booming Real Estate Market!
Discover an incredible chance to invest in one of LA’s most sought-after and fast-growing neighborhoods! This prime multifamily property is ideally located near major freeways, offering quick access to both Downtown LA and Inglewood's top attractions. The lot presents excellent potential for expansion, making it a versatile investment for future growth.
The property features two units—one fully occupied, providing steady income, and the other recently built just 5 years ago, currently owner-occupied. This low-maintenance building is a rare find in a high-demand area, with plenty of upside for rental income. Act now and secure your place in this rapidly appreciating market!
Presented By: Elvia Alvarez with Albert Ponce, Broker; 909-915-5306
Interior Features for 1028 W 105th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup, LaundryRoom
Total Stories2
Other Rooms
Entry Level2
General for 1028 W 105th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.74
Carport Spaces4.0
Carport Y/NYes
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsFrom I-110 S (Harbor FWY) Take Exit toward Century Blvd. Turn right onto W CenturyBlvd. Go for 0.7 mi thenTurn left onto S Vermont Ave and right onto W 105th.
Electric Expense0.0
Entry LocationGround Level W/steps
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan, Conventional, FHA
Lot Size Square Feet7368.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income148416.0
New ConstructionNo
Number Of Units Total2
Operating Expense14784.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot3
Taxes$8,424
Tenant PaysElectricity, Gas
Trash Expense0.0
Water Sewer Expense380.0
Year Built1926
Year Built SourceAssessor
ZoningLCR320U*
Exterior for 1028 W 105th Street
Building Area Total4760.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, Paved
Lot Size Acres0.1691
Lot Size Area7368.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesGated
Private PoolNo
Road Surface TypeAlleyPaved
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate