1315 W 104th St - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$1,690,000 USD
424-888-3695
1315 W 104th St, Los Angeles, CA for Sale
$1,690,000 USD
Apartments - FOR SALE
1/12
null | 7% Cap Rate

1315 W 104th St
Los Angeles, CA 90044
Westmont


OVERVIEW

Introducing a turnkey 6-unit multifamily investment in South Central Los Angeles, listed at $1,690,000. This high-yield opportunity features four fully occupied units in the main structure, leased to model Section 8 tenants, providing stable, government-backed rental income. In addition, two brand-new rear units have just been completed and are delivered vacant, allowing the buyer to lease at full Section 8 voucher rates of $2,172 per month per unit, maximizing rental income from day one. The newly constructed rear units were designed with modern finishes, featuring tile and marble flooring, sleek countertops, and high-end showers, along with in-unit washer/dryer hookups—offering an elevated living experience that will attract long-term tenants. All six units are individually metered, ensuring minimal ownership expenses and simplifying utility management. This property is positioned to deliver strong cash flow with a 7.0% proforma cap rate at full occupancy. The combination of stable Section 8 rents, new construction upside, and high-demand rental market fundamentals makes this an ideal investment for buyers looking for consistent returns and long-term appreciation in one of LA’s most active multifamily submarkets. Please DO NOT DISTURB tenants. Reach out to Sasha at 424.888.3695 or sasha@southparkgroup.com

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$483 USD /SF

# OF UNITS

6

PRICE/UNIT

$281,667

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LCR320U

APN/PARCEL ID

6060-007-016

ASK ABOUT THIS PROPERTY

Sasha SooferSouth Park Group, Inc.More Info
424-888-3695

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Sasha SooferSouth Park Group, Inc.More Info
424-888-3695

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