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$ 5,595,000
Est. payment | /mo
0.44 Acres Lot
$ 5,595,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25084890
HOA Y/N No
Lot Size 0.438 Acres
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property 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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCR2*
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 18
Total Parking Spaces 18
Building
Lot Description Rectangular Lot
Story 2
Water Public
Others
Tax ID 6059020014
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc. • 310-447-2213
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Kai Kim
REALTOR® | Lic# 02040060