1055 W 102nd St - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$800,000 USD
310-990-2131
1055 W 102nd St, Los Angeles, CA for Sale
$800,000 USD
Apartments - FOR SALE
1/5
null | 5.62% Cap Rate

1055 W 102nd St
Los Angeles, CA 90044
Westmont


HIGHLIGHTS

  • New doors, windows and HVAC supplied and installed by the Local Rental Owner's Collaborative (LROC) Program
  • Washer/Dryer hookups in each unit
  • No shared walls among the units
  • 4 garage parking and 2 driveway parking for property
  • ADU potential using the garages (buyer to verify)

OVERVIEW

1055-1059 is a charming triplex located in the West Athens - Westmont pocket of unincorporated Los Angeles County. The 2,444 rentable square feet sit on a large 8,962 sq ft lot comprised of a 2 bed/2 bath bungalow with an attached garage, and a separate duplex with a 2 bed/1 bath unit in the front and a 1 bed/1 bath unit above a 2 car garage. The property was recently updated with new windows, doors, and HVAC through the Local Rental Owners Collaborative (LROC) program. Tenants also enjoy the convenience of having washer/dryer hookups in each of the units. The unique configuration of units means there are no shared walls among the tenants. An Additional Dwelling Unit can potentially be built using the 3 car garage shell, creating immediate value and equity. The property is located near the 105, 405, 110 Freeways, and LAX, making it a convenient commute to DTLA, Long Beach, and other major employment hubs. The property is also in close proximity to the new Sofi Stadium, home to the LA Rams and LA Chargers football teams, and the Intuit Dome, new home to the LA Clippers basketball team. CALL OR EMAIL FOR OFFERING MEMORANDUM

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

3

PRICE/UNIT

$266,667

CAP RATE

5.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1055-1059 W 102nd St, Los Angeles

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,962 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

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Daniel ShiehLyon Stahl Investment Real EstateMore Info
310-990-2131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.