CA > Los Angeles
Los Angeles, CA 90044,1124 W 110th ST
Los Angeles, CA 90044,1124 W 110th ST
Los Angeles, CA 90044,1124 W 110th ST
Los Angeles, CA 90044,1124 W 110th ST
Los Angeles, CA 90044,1124 W 110th ST
Los Angeles, CA 90044,1124 W 110th ST
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Gatehouse Properties

Gatehouse Properties

GateHouse Properties

+1(714) 743-9882
$ 2,850,000
Est. payment | /mo

16 Beds

13 Baths

7,329 SqFt

Save
$ 2,850,000
Est. payment | /mo
Save

16 Beds

13 Baths

7,329 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,329 sqft

Price per Sqft $388

MLS Listing ID 25551069

Bedrooms 16

HOA Y/N No

Year Built 1953

Lot Size 0.414 Acres

Property Description

This 13-unit multifamily apartment offers an outstandinginvestment opportunity with strong cash flow and rental upside potential of approximately 15% +/-. Priced very competitively at a 6.82% Cap Rate and 9.92 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. Nearly all the units have had significant amounts of upgrades, and the property is comprised of three separate structures on a large 18,000 sf lot with parking for 16 cars (mix of garage, covered, and uncovered)! There is also possibly ADU potential (Buyer to verify). The property features a unit mix of (3) two bedroom units, (9) one bedroom units, and (1) studio; All of which are individually metered for gas and electricity. The area has traditionally been a strong rental market, and units are in high demand.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Covered, Door-Multi, Garage, Uncovered

Total Parking Spaces 16

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6076014008

Special Listing Condition Standard

CRMLS – RECore
Listed by Joshua Cohen Keller Williams Realty
agent-avatar

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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1124 W 110th ST

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