1451 105th Street, Los Angeles, CA 90047
  • MLS#: SB25084868 ( Commercial/Residential )
  • Street Address: 1451 105th Street
  • Viewed: 6
  • Price: $5,275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 47
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90047
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are proud to present 1451 W 105th St, Los Angeles a rare, family owned asset held for over 51 years, located in a designated Opportunity Zone. This well maintained, 18 unit apartment building features all townhome style units, including seventeen (17) 2 bedroom, 1.5 bath units and one (1) spacious 3 bedroom, 2.5 bath unit. Originally built in 1963, the property encompasses 19,425 square feet and sits on a generous 19,063 square foot lot. Recent upgrades include a modern video security system and the completion of a soft story seismic retrofit. Residents enjoy well designed, spacious units, onsite laundry facilities, and secure underground parking. With strong in place rental income and approximately 30% rental upside, this property offers an exceptional value add opportunity for investors. Ideally located just 2 miles from a Metro Rail stop, near major shopping centers, and minutes from the newly developed Hollywood Parkhome to the NFL and NBA stadiumsthis location combines convenience with long term growth potential. Bonus Opportunity: The adjacent lot at 1455 W 105th St is also available for sale. Listed as land for $1,275,000 $66.86/ft), this 19,068 square foot parcel is situated in an Opportunity Zone and presents significant potential for affordable housing development. Seller financing considered.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Association Fee
  1. 0.00
Building Area Total
  1. 19425.00
Carport Spaces
  1. 18.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 36
Entry Location
  1. front
Garage Spaces
  1. 0.00
Insurance Expense
  1. 23310.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 316710.00
Number Of Separate Electric Meters
  1. 18
Number Of Separate Gas Meters
  1. 18
Parcel Number
  1. 6059020014
Pool Features
  1. None
Professionalmanagementexpense
  1. 19691.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436642435:CRM
Totalexpenses
  1. 164798.00
Trash Expense
  1. 1650.00
Water Sewer Expense
  1. 1650.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor