424 W 108th W

Los Angeles, CA 90061
$960,000
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 •Read MoreRead Less
Property listed by First Team Real Estate, Gustavo Arias 310-259-7556
Listing Snapshot
Days Online
17
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1940
MLS Number
PW26069885
Property Location Map
Additional Details
Appliances & Equipment
GasRange, Refrigerator, WaterHeater
Building
Built in 1940, 2 buildings, Building faces East, 2 stories, Entry level: 1, Entry location: 1, Construction Materials: Stucco
Community
Urban
Cooling
None
Disclosures
RentControl
Expenses
Insurance: $1,824, Operating: $17,742, Water/Sewer: $3,264
Fence
Wood
Fireplaces
None
Floors
Laminate, Tile
Foundation
Combination
Garage
4 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $74,979.6, Gross ScheduledIncome: $92,567.6, Net Operating Income: $74,979.6
Interior Features
GraniteCounters, MultipleStaircases, SolidSurfaceCounters, AllBedroomsUp, AllBedroomsDown
Laundry
None
Lot
0.1205 acres, ZeroToOneUnitAcre
Parking
4 open parking spaces, 8 total parking spaces, Assigned, Driveway, Garage, Paved
Pool
None
Property
RepairsCosmetic
Roof
RolledHotMop
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 6061034006, Lot: 295, Zoning: LAR4
Utilities
ElectricityConnected, NaturalGasConnected, WaterConnected, Water Source: Public, Standard, 4 separate electric meters, 4 separate gas meters
Windows
Blinds
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Monthly Payment
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Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.