Property Detail

1455 106th

Los Angeles CA 90047

$950,000

Status: Active

Property Details

Description

We are pleased to present 1455 W 106th Street, a 6-unit multifamily investment opportunity in unincorporated Los Angeles county (90047). Built in 1955, the property features a desirable unit mix of (1) 3 Bed/1 Bath freestanding home in the rear, (1) 2 Bed/1 Bath, and (4) 1 Bed/1 Bath units, totaling approximately 3,821 square feet on an oversized 8,506 square foot lot. The expansive lot provides ample on-site parking, a highly sought-after amenity in this parking-impacted submarket. Further, both buildings received new roofs in 2021, and the property has undergone substantial electrical upgrades in recent years, minimizing near-term capital expenditure risk. Priced at a 6.38% CAP rate and 10.01 GRM on current rents, with upside to a 9.67% market CAP rate and 7.43 market GRM, this offering presents a compelling value-add opportunity with strong day 1 income and an achievable rent upside of 33%. The property is separately metered for gas and electricity.

Map Location

Listing provided courtesy of Joshua Barut of Lyon Stahl Investment Real Estate, Inc.. Last updated . Listing information © 2025 SANDICOR.

john Doe

Angelica Wallace

Real Estate Professional
CA DRE# 01393526
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