| 310.858.5474

1543 W 105TH Street

return to properties

1543 W 105TH Street | Los Angeles, CA

$3,100,000

9,691 SQ.FT.

We are pleased to present this multi-family asset located in the County Strip of the City of Los Angeles. This property is a unique complex consisting of four buildings built between 1951 and 1962. There is a single family residence, a structure with 3 units, a building with 5 units and one with 6 units. With the exception of the front house which is two bedrooms, all units contain one bedroom and one bathroom. The site is located on a one-way street eliminating any high traffic issues. The apartments sit on over a half an acre or 23,000+ square feet of land with an abundance of green, open space. The grounds are gated offering security and privacy for tenants. The rents range from $800 to $1,200 and have, at least, 20% upside when compared to market rents. The zoning is LCR2 and the units are not subject to rent control ordinances. The market CAP for this investment is 5.71% and the market GRM is 12.54. This is a desirable asset in a highly sought after pocket of Los Angeles.
Listing Provided by Jerome McAlpin, McAlpin & Company

Based on information from California Regional Multiple Listing Service, Inc. as of September 28, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.