CA > Los Angeles
Los Angeles, CA 90047,1525 W 105th ST
Los Angeles, CA 90047,1525 W 105th ST
Los Angeles, CA 90047,1525 W 105th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,675,000
Est. payment /mo
0.44 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25105437

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1953

Lot Size 0.438 Acres

Property Sub-Type Apartment

Property Description

This spacious 8-unit garden-style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants.

Key Features:
Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint.
Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential.
Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility.
Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available.
Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value.
Why This is a Great Investment:

This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden-style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR2*

Interior

Heating Ductless

Cooling Ductless

Flooring Laminate, Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban, Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 6059019035

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Vartan Achabahian Prospect Group Inc. vartan@prospectgroup.net

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