1114 West 105th Street

1114 West 105th Street

Los Angeles, CA 90044

$1,600,000
Price
12
Beds
8
Baths
5,288 Sq. Ft.
$303 / Sq. Ft.
5,288
Sq. Ft.
$303
per Sq. Ft.

Description

JD Residential & Commercial Real Estate is pleased to present 1114 W. 105th St. L. A 90044 a 6 units investment property with substancial value-add potential. No Rent Control Property in L. A area, 100% rented. Upon stabilizing at market rent levels, this asset can achieve a great CAP Rate! Fantastic Oportunity to own 6 renovated units on one big lot, currently; it generates $ 9,462.00 per month, yielding a CAP Rate of 5.39%. The building spans 5,288 square feet and sits on a 9,211-square-foot lot....JD Residential & Commercial Real Estate is pleased to present 1114 W. 105th St. L. A 90044 a 6 units investment property with substancial value-add potential. No Rent Control Property in L. A area, 100% rented. Upon stabilizing at market rent levels, this asset can achieve a great CAP Rate! Fantastic Oportunity to own 6 renovated units on one big lot, currently; it generates $ 9,462.00 per month, yielding a CAP Rate of 5.39%. The building spans 5,288 square feet and sits on a 9,211-square-foot lot. Although local ordinances pose some stabilization challenges, the property's predominantly units mix facilitates a higher turnover rate, which could expedite reaching market rent levels. (Unit's Mix) 2 (3/2), 2 (2/1) and 2 (1/1) remodeled kitchens and bathrooms, tile floors, recently installed roof, 6 gas meters, 7 electrical meters, 1 water meter, 6 brand new waterless heater tanks, 3 car garages (2 cars each), 1 assigned parking spot for each unit, many good features to list them all. Buyers and Buyer's agent to do their own due diligence before submiting an offer. This is an excellent opportunity for investors seeking to capitalize on a property with promising upside, with the right vision you can leverage on your investment. The property is being sold AS-IS conditions.
  1. Listed by Ramon Pereira • DRE #01496829 • Brokerage DRE #01496829 • JD Residential & Commercial RE • 562-756-4805

Property Details for 1114 West 105th Street

Architectural Style
Traditional
Parking Spaces Total
12
Private Pool
No
Cooling Type
None
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5288

Location

Listing Courtesy of JD Residential & Commercial RE, Ramon Pereira, DRE #01496829
Add your commute
LISTING UPDATED: 06/10/2024 11:56 AM

Property Details for 1114 West 105th Street

StatusActive
MLS #DW24098830
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1989
Lot Size0.21 AC / 9,213 SF
CountyLos Angeles County

Location

Listing Courtesy of JD Residential & Commercial RE, Ramon Pereira, DRE #01496829
Add your commute

Building Information for 1114 West 105th Street

Stories2Residences-Year Built1989Building Size-Lot Size0.21 AC / 9,213 SF

Payment Calculator

$9,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1114 West 105th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $113,544
  • Gross Scheduled Income: $113,544
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $111,273
  • Net Operating Income: $86,238
  • Number Of Rented Garages: 2
  • Garage Rental Rate: $150
  • Garage Income: $300
  • Laundry Income: $0
  • Cap Rate: 5.39
Expense Details
  • Operating Expense: $25,034
  • New Taxes Expense: $15,154
  • Pest Control Expense: $300
  • Electric Expense: $0
  • Insurance Expense: $4,000
  • Maintenance Expense: $1,500
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $4,080
  • Total Expenses: $25,034
Tax / Assessment Info
  • Tax Tract Number: 600...
  • Tax Census Tract: 6002.02
  • Tax Lot: 87
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Other
  • Heating: See Remarks
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior Features: Lighting
  • Roof: Composition
  • Entry Location: Living Room
  • Fence: Yes
  • Fence: Privacy, Wrought Iron
  • Fencing: Privacy, Wrought Iron
  • Foundation Details: Slab
  • Other Structures: Storage
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Direction Faces: North
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Assigned, Driveway - Combination
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Assigned, Driveway - Combination, On Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,878
  • Unit Type Total Rent: $1,878
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,205
  • Unit Type Total Rent: $1,205
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,459
  • Unit Type Total Rent: $1,459
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,320
  • Unit Type Total Rent: $1,320
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1114 West 105th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1114 West 105th Street

Taxable ValueLand$701,827Additions$301,328Total$1,003,155
Tax Record2023$15,155 ($1,263 / month)
Home Facts
Total Finished SqFt5,288 SqFtAbove Grade Finished SqFt5,288 SqFtLot Size9,211 SqFtStyleMulti-Family Res (5+ Units)Year Built1989ZoningLCR3CountyLOS ANGELESAPN6060-017-021

Schools near 1114 West 105th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Woodcrest Elementary School
Public - K to 5
Animo Charter Middle No. 3
Charter - 6 to 8
George Washington Preparatory High School
Public - 9 to 12
Ellington (Duke) High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Woodcrest Elementary School
PublicK to 5

Animo Charter Middle No. 3
Charter6 to 8

George Washington Preparatory High School
Public9 to 12

Ellington (Duke) High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1114 West 105th Street, Los Angeles, CA 90044

1114 West 105th Street is a mixed use property for sale in Los Angeles, CA 90044. This property was listed for sale on May 17, 2024 by JD Residential & Commercial RE, it's currently listed at $1,600,000. It has been on the market for a total of 25 days and was last sold on September 7, 2006. This listing's school district is Los Angeles Unified School District. Nearby schools include Woodcrest Elementary School, Animo Charter Middle No. 3 and George Washington Preparatory High School. 1114 West 105th Street is a 12-bed, 8-bath, 5,288 sqft mixed use property built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JD Residential & Commercial RE, Ramon Pereira, DRE #01496829

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.