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31627488
31627489

424 W 108th West, Los Angeles, CA 90061

GA
CA 01889399
First Team Commercial
Listed by First Team Commercial
$960,000
51 days on market
Updated 13 days ago

424 W 108th West

Details
APN 6061034006
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 7.79%
Buildings 2
Acreage 0.121
Zoning Assessor

Multifamily | 7.79% CAP | 4 Units

Marketing description

Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: 7.79 % in-place CAP | 10.16% pro forma CAP Separate electric and gas meters 4 one-car garages generating additional rental income Opportunity to install coin-op laundry for further NOI growth 5,248 SF lot Proven income-producing asset Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside offering both strong current yield and operational growth potential in one of Los Angeles most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
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Listing Contacts

GA
CA 01889399
First Team Commercial
Listed by First Team Commercial

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