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$5,595,000
Est. payment /mo
0.44 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25084890
HOA Y/N No
Lot Size 0.438 Acres
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
We are proud to present 1451 W 105th St, Los Angeles — a rare, family-owned asset held for over 51 years, located in a designated Opportunity Zone. This well-maintained, 18-unit apartment building features all townhome-style units, including seventeen (17) 2-bedroom, 1.5-bath units and one (1) spacious 3-bedroom, 2.5-bath unit. Originally built in 1963, the property encompasses 19,425 square feet and sits on a generous 19,063 square foot lot. Recent upgrades include a modern video security system and the completion of a soft-story seismic retrofit. Residents enjoy well- designed, spacious units, onsite laundry facilities, and secure underground parking. With strong in-place rental income and approximately 30% rental upside, this property offers an exceptional value-add opportunity for investors. Ideally located just 2 miles from a Metro Rail stop, near major shopping centers, and minutes from the newly developed Hollywood Park—home to the NFL and NBA stadiums—this location combines convenience with long-term growth potential. Bonus Opportunity: The adjacent lot at 1455 W 105th St is also available for sale. Listed as land for $1,275,000 $66.86/ft), this 19,068 square foot parcel is situated in an Opportunity Zone and presents significant potential for affordable housing development.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCR2*
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 18
Total Parking Spaces 18
Building
Lot Description Rectangular Lot
Story 2
Water Public
Others
Tax ID 6059020014
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc. • 310-447-2213
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