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
For Sale
Active
5 pictures
- 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
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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