1108 W 117th, Los Angeles, CA, US, 90044
Basics
- Date added: Added 1 week ago
- Category: CommercialSale
- Type: MultiFamily
- Status: Active
- Lot size: 8462, 8462 sq ft
- Year built: 1947
- County: Los Angeles
- MLS ID: SB26046173
Description
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Description:
1108 W 117th St presents a 7-unit multifamily investment opportunity in the Metro Southwest Los Angeles submarket. The property consists of six 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a desirable unit mix that supports consistent tenant demand. The building is fully occupied, providing stable in-place income with clear long-term upside potential. Current rents total approximately $9,216 per month, producing a trailing twelve-month NOI of approximately $70,285.54. The property offers an approximately 6.69% in-place cap rate, with additional long-term upside. Conveniently located with access to major transportation corridors, employment centers, shopping, and neighborhood amenities, the property benefits from strong rental demand in the surrounding area.
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Location
- Directions: Berendo to 117th
- Lot Size Acres: 0.1943 acres
Building Details
- Water Source: Public
- Lot Features: Level
- Building Area Units: SquareFeet
Amenities & Features
- Parking Total: 7
- Laundry Features: None
Expenses, Fees & Taxes
- Trash Expense: $1,482.94
- Maintenance Expense: $8,184.04
- Operating Expense: $39,780.46
- Water Sewer Expense: $6,969.83
Agent info
- Agent name: Jesse Dougherty
- Agent MLS: sbdougjes
- Agent email: jesse@realtorjd.com
- Agent officephone: 310-241-3038
- Agent direct phone: 310-995-4475
Miscellaneous
- List Office Name: Compass
- Common Interest: None
- Attribution Contact: 310-995-4475