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Property Description

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.

Overview

Property Status
For Sale
Lot Size
5,248 Sq.Ft.
MLS ID
PW26069885
Property Type
Multi-Family
Year Built
1940

Features & Amenities

Total Area
3,992 Sq.Ft.
Neighborhood
Los Angeles
View Description
None
Stories
2
Garage Spaces
4.0
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Pool
None
Roof
Rolled/Hot Mop
Lot Features
0-1 Unit/Acre
Parking
Assigned, Driveway, Garage, Other, Paved
Heat Type
Wall Furnace
Air Conditioning
None
Laundry Room
None
Fireplace
None
Appliances
Gas Range, Refrigerator, Water Heater
Other Interior Features
Granite Counters, Multiple Staircases, Solid Surface Counters, All Bedrooms Up, All Bedrooms Down
Sewer
Public Sewer
Substructure
Combination
Sales Price
$960,000
Zoning
LAR4

Downloads

424 W 108th W

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Thank you

for your interest in 424 W 108th W, Los Angeles, CA 90061

424 W 108th W
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424 W 108th W

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    License #01889399

    323-819-0035
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