1786 110Th St, Los Angeles, CA 90059

8 Unit Apartment Building | $1,200,000 ($150,000/Unit) | 4.05% Cap Rate | Los Angeles, CA 90059

Date Added:
September 16, 2024
Days on Market:
23 days

Asking Price $1,200,000

Property Type
Multifamily
Square Feet
6,318 SF

Listing Contacts

Ruth Hayles
Ruth Hayles

Property Overview

These properties consist of 2 parcels, next to each other. Parcel 6069-012-006 includes 2 buildings at 1786 E. 110th St, and units 1-4 (1 bedroom each) and 2 detached houses at 11008-10112 Willowbrook(2 bedrooms each). Lot size 14,019. Parcel 6069-012-007 includes two detached houses at 11012-11014 Willowbrook (1 bedroom in front and 2 bedrooms in rear) Lot size 5,131.12. Both parcels to be sold in one sale. These properties have a lot of potential for savy investor. Most of the tenants are long term and have lived in the units for over 15 years. There was a 4% rent increase as authorized by City of LA in March 2024. Property is located across street from Metrol Rail. These properties have potential for savvy investors

Property Details

Class
C
Year Built
1947
Stories
2
Property Subtype
Dormitory
Lot Size (sq. ft)
19,166 SF
Units
8

Highlights

  • Large lot sizes
  • Two parcels with a total of 8 units.
  • Lots of development in area. Because of housing shortage some restrictions on zoning may be relaxed.

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