$1,725,000
- Beds
- 4
- sq ft
- 4,358
1016 W 110th St, Los Angeles, CA 90044
1016 W 110th St
Los Angeles, CA 90044
- 101 days on market
1016 W. 110th Street is an 11-unit apartment community located in unincorporated Los Angeles. The opportunity consists of three (3) separate structures on an extremely large 18,003 square foot lot. Each unit is separately metered for gas and electricity and has its own parking space. Unit composition includes ten (10) studio units and a 4-bedroom/3-bathroom house with a pool and front yard. The rents are close to market; however, there is still approximately 9% rental upside that can be achieved as the units turnover. Tenants have easy access to the 105 & 110 Freeway which connects the subject property to Downtown Los Angeles and the beaches. Lastly, as the new construction pipeline continues to grow in South Los Angeles, the ability for a new owner to get higher rents will increase over time as projects such as the 84-unit apartment next door is set to be completed by 2025.
Details
Property type
Lot size
0.4133 acres
Price per sq ft
$396
Year built
1950
HOA
No
Price History
06/11/2024
CLAW #24402825
Listed
$1,725,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/20/2024 at 8:10 PM
Listing updated: 09/10/2024 at 7:29 AM
Listed by: Andres Diaz, Keller Williams Downtown LA Phone #: (213) 797-7000
MLS: CLAW #24402825
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