Multi family1451 105th Street, Los Angeles, CA 90047

Basics Details

  • Date added: Added 6 months ago
  • Type:
  • Building Area: 19,425 sq ft
  • Lot size, sq ft: 19,063 sq ft
  • Zoning:
  • # Of Units: 18

Description

  • 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. SELLER FINANCING CONSIDERED.

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