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$1,699,000
70 Days On Site

1525 W 105th Street
Los Angeles, CA 90047

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
5,894
SqFt
$288
/SqFt
1953
Built
County:
Los Angeles
Listed by Vartan Achabahian of Prospect Group Inc. [email protected]

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1525 W 105th Street1525 W 105th Street1525 W 105th Street1525 W 105th Street
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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.

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Listing Snapshot
Price 
$1,699,000
Days On Site 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,894 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4377 Acres
Year Built 
1953
MLS® Number 
GD24165152
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.4377
Foundation 
Raised
Garage 
Yes
Garage Spaces 
8
Number Of Stories 
1
Parking 
Garage
Parking Spaces 
15
Property Condition 
Updated/Remodeled
Property Sub Type 
Apartment
Security 
Carbon Monoxide Detector(s)Security GateSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5894
Style 
Bungalow
Water Source 
Public
Zoning 
LCR2*
Interior Features
Cooling 
Ductless
Fireplace Features 
None
Flooring 
LaminateVinyl
Heating 
Ductless
Laundry Features 
Washer HookupGas Dryer Hookup
Window Features 
Double Pane Windows
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Exterior Features
Pool Features 
None
Windows/Doors 
Double Pane Windows
Community Features
Building Access 
1
Community Features 
SuburbanSidewalks
Financing Terms Available 
CashConventional
MLS Area 
C36 - Metropolitan Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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