1525 W 105th St - Apartments FOR SALE


Los Angeles, CA 90047- Westmont
$1,500,000 USD
310-909-5439
1525 W 105th St, Los Angeles, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/22
null | 6.28% Cap Rate

1525 W 105th St
Los Angeles, CA 90047
Westmont


HIGHLIGHTS

  • Secure & Tenant-Friendly Property: Gated entry with eight garages and seven additional parking spaces that enhance tenant appeal and retention.
  • ADU Development Potential: Plans have been submitted to the city for the addition of 2BD/1BA ADU units, offering future expansion and income growth.
  • Proximity to Major Employment Hubs: Located near key employment drivers including SoFi Stadium, Downtown Los Angeles, and LAX, supporting strong renta
  • Strategic Central Location: Convenient access to the 110 and 105 Freeways, with proximity to South Bay, Inglewood, Hawthorne, and Culver City.
  • Favorable Jurisdiction: Situated in Unincorporated Los Angeles County, potentially offering operational and regulatory advantages.

OVERVIEW

1525 W 105th Street is a well-positioned eight-unit garden style multifamily property in a densely populated South Los Angeles neighborhood, where strong population density supports consistent rental demand. Built in 1953, the property offers a desirable unit mix of six one-bedroom units, one two-bedroom unit, and one three-bedroom unit, totaling approximately 5,894 rentable square feet on a sizable 19,063-square-foot lot. The asset features six of eight extensively upgraded units, secured gated access, and ample on-site parking, including eight garages and seven additional spaces – enhancing tenant convenience and retention. The diverse unit mix appeals to a broad tenant base, supporting stable occupancy and reliable income. Significant upside potential exists through the ongoing entitlement for an ADU, as well as the opportunity to further renovate units and optimize rents. The large lot size also provides flexibility for future expansion. Additionally, its location in unincorporated Los Angeles County may offer more favorable regulatory flexibility compared to properties within city limits. With strong in-place fundamentals, value-add potential, and a central infill location near key employment hubs and transit corridors, 1525 W 105th Street presents a compelling opportunity for investors seeking both immediate cash flow and long-term growth.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$254 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

6.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R2

APN/PARCEL ID

6059-019-035

ASK ABOUT THIS PROPERTY

Yana VladyMarcus & MillichapMore Info
310-909-5439

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Yana VladyMarcus & MillichapMore Info
310-909-5439

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