1143 E 106th St - Apartments FOR SALE


Los Angeles, CA 90002- Canndu/Avalon Gardens
$1,050,000 USD
909-322-2283
1143 E 106th St, Los Angeles, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1143 E 106th St
Los Angeles, CA 90002
Canndu/Avalon Gardens


OVERVIEW

This is not a standard single-family-plus-ADU configuration. 1143 E. 106th St. delivers two genuinely full-size detached residences on a single parcel, each approximately 1,850 square feet — a configuration rarely available at this price point in the Los Angeles submarket (The public records show only its original size which is not correct. Buyers to verify all information). PROPERTY CONFIGURATION • Unit 1 (Front House): 4 BD / 3 BA | ~1,850 SF • Unit 2 (Rear House): 4 BD / 2 BA | ~1,850 SF • Total: 8 BD / 5 BA | ~3,700 SF combined living space • Fully independent utilities — separate water meters, separate electrical meters • Separate, private entries — zero shared living space • Both structures recently renovated: new tile flooring, new kitchen appliances, central A/C, fresh interior and exterior paint • Unit 1 additionally upgraded with new countertops and cabinetry POTENTIAL INVESTOR RENTS: • Unit 1: $4,000/mo • Unit 2: $3,800/mo Both unit rents reflect current, achievable market rates for this submarket — not optimistic projections. South LA carries strong Section 8 / housing voucher demand, giving investors a reliable, government-backed tenant pool and added downside protection against vacancy. WHY THIS ASSET WORKS Both units can be leased independently and simultaneously to two separate households, function as an owner-occupied house hack with the second unit offsetting the mortgage, or serve a multigenerational ownership structure. Because each unit carries its own utility metering and a fully separated entry, this property operates functionally as a duplex without the zoning and financing complications that sometimes accompany true multifamily product

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

2

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,416 SF

ZONING

LAR1

APN/PARCEL ID

6051-012-013

ASK ABOUT THIS PROPERTY

Nicole JonesHomeSmart, Evergreen RealtyMore Info
909-322-2283

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Nicole JonesHomeSmart, Evergreen RealtyMore Info
909-322-2283

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