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1451 105th Street, Los Angeles, CA 90047
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1451 105th Street
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  • MLS#: SB25084890 ( Multi Family )
  • Street Address: 1451 105th Street
  • Viewed: 7
  • Price: $5,275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • 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.
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Features
Building Area Total
  1. 19425.00
Carport Spaces
  1. 18.00
Commoninterest
  1. None
Country
  1. US
Land Use
  1. Multi-Family
Laundry Features
  1. Common Area
Parcel Number
  1. 6059020014
Property Type
  1. Multi Family
Water Source
  1. Public
Zoning
  1. LCR2*