1124 W 117th Street, Los Angeles, CA, 90044

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$1,750,000
16 Days On Site

1124 W 117th Street
Los Angeles, CA 90044

For Sale|Residential Income|Active
10
Beds
10
Total Baths
5,200
SqFt
$337
/SqFt
1958
Built
County:
Los Angeles
Listed by Jonathan Rawson of Avenue Realty Group jon@avenuerg.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1124 W 117th Street1124 W 117th Street1124 W 117th Street1124 W 117th Street
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Monthly Payment (Est.)

$7,984
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This property is part of a rare opportunity to acquire a 4 building, 52-unit portfolio in South Los Angeles. This property is a professionally managed 10-unit asset with all large & open 1 Bed/1 Bath units that has on-site parking for tenants. Low operating expenses as tenants pay for gas, electricity and trash. The location is family friendly for tenants being walking distance to Vista Point Community Park & Chester Washington Golf Course, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles! This property is located next door and 2 doors/adjacent to two of the portfolio assets which provides a rare opportunity of large lot assemblage.

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Listing Snapshot
Price 
$1,750,000
Days On Site 
16 Days
Bedrooms 
10
Inside Area (SqFt) 
5,200 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2015 Acres
Year Built 
1958
MLS® Number 
26964635
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2015
Levels 
Two
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
5200
Zoning 
LCR320U*
Interior Features
Appliances 
DishwasherDisposalMicrowave
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
C36 - Metropolitan Southwest


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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