1525 W 105th Street
Los Angeles, CA 90047
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1953 build
- – on site
This spacious 8-unit garden style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants. Key Features: Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint. Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential. Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility. Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available. Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value. Why This is a Great Investment: This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 10, 2024
•
MLS# GD24165152 —
The Building
-
Year Built:1953
-
Year Built Source:Assessor
-
New Construction:No
-
Building Area Total:5894.00
-
Building Area Units:Square Feet
-
Total Number Of Units:8
-
# of Buildings:3
-
Architectural Style:Bungalow
-
Foundation:Raised
-
Stories Total:1
-
Entry Level:1
-
Common Walls:No Common Walls
-
# of Separate Gas Meters:8
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:8
Interior
-
Entry Location:1
-
Window Features:Double Pane Windows
-
Flooring:Laminate, Vinyl
-
Fireplace:No
-
Fireplace:None
-
Laundry:Gas Dryer Hookup, Washer Hookup
-
Laundry:1
Location
-
Directions:South of Century, East of Western
-
Latitude:33.94142900
-
Longitude:-118.30341400
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Property Condition:Turnkey, Updated/Remodeled
-
Zoning:LCR2*
-
Lot Features:0-1 Unit/Acre
-
Lot Size Area:19068.0000
-
Lot Size Acres:0.4377
-
Lot Size SqFt:19068.00
-
Lot Size Source:Assessor
-
Security Features:Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:6002.02
-
Tax Tract:447.02
-
Tax Lot:8
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:6059019035
Heating & Cooling
-
Heating:1
-
Heating:Ductless
-
Cooling:Yes
-
Cooling:Ductless
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Features:Sidewalks, Suburban
-
Pool:None
-
Senior Community:No
-
Private Pool:No
Parking
-
Parking:Yes
-
Parking:Garage
-
Parking Spaces:15.00
-
Garage Spaces:8.00
-
Uncovered Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/14/24
Oct 14, 2024
|
Listed / Active | CRMLS_CA | $1,699,000 |
