Price Reduced Listing
1525 W 105th Street,Los Angeles, CA 90047
Los Angeles, CA 90047
Description
1525 W 105th Street is a well-positioned eight-unit garden style multifamily property in a densely populated South Los Angeles neighborhood, where strong population density supports consistent rental demand. Built in 1953, the property offers a desirable unit mix of six one-bedroom units, one two-bedroom unit, and one three-bedroom unit, totaling approximately 5,894 rentable square feet on a sizable 19,063-square-foot lot. The asset features six of eight extensively upgraded units, secured gated access, and ample on-site parking, including eight garages and seven additional spaces enhancing tenant convenience and retention. The diverse unit mix appeals to a broad tenant base, supporting stable occupancy and reliable income. Significant upside potential exists through the ongoing entitlement for an ADU, as well as the opportunity to further renovate units and optimize rents. The large lot size also provides flexibility for future expansion. Additionally, its location in unincorporated Los Angeles County may offer more favorable regulatory flexibility compared to properties within city limits. With strong in-place fundamentals, value-add potential, and a central infill location near key employment hubs and transit corridors, 1525 W 105th Street presents a compelling opportunity for investors seeking both immediate cash flow and long-term growth.
Details
| MLS # | 26723131 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 136 |
| Listing Provided By | Marcus & Millichap | Yana Vlady |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 5,894 |
| Garage | 8 |
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 3 |
| Zoning | LCR2* |
| Acreage | 0.44 |
Interior
| Interior Features | Ceiling Fans |
|---|---|
| Window Features | Blinds, Double Pane Windows |
| Appliances | Dishwasher, Refrigerator |
Exterior
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Security Gate, Gated Community, Smoke Detectors |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Controlled Entrance, Door Single, Driveway, Garage, Gated |
| Garage Yes / No | Yes |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $1,450,000 low | high Med: $892,000 sqft: 5,894 low | high Med: 2,038 $ / sqft: $246 low | high Med: $446 On site: 136 low | high Med: 117 | |
Market Activity 90047
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $1,450,000 low | high Med: $892,000 sqft: 5,894 low | high Med: 2,038 $ / sqft: $246 low | high Med: $446 On site: 136 low | high Med: 117 | |
 | $1,650,00010511 S WesternLos Angeles, CA 90047 |