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$ 1,050,000
Est. payment /mo
Active
1108 W 117th Los Angeles, CA 90044
8,463 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26046173
HOA Y/N No
Year Built 1947
Lot Size 8,463 Sqft
Property Sub-Type Multi Family
Property 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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 7
Building
Lot Description Level
Story 2
Water Public
Others
Tax ID 6079018029
Special Listing Condition Standard
Listed by Jesse Dougherty Compass 310-995-4475, DRE #01949609