1028 West 105th Street

Los Angeles, CA 90044

$1,699,000
Price
12
Beds
7
Baths
4,760 Sq. Ft.
$357 / Sq. Ft.
4,760
Sq. Ft.
$357
per Sq. Ft.

Description

Don’t Miss Out on This Exceptional Multifamily Property in South LA’s Booming Real Estate Market! Discover an incredible chance to invest in one of LA’s most sought-after and fast-growing neighborhoods! This prime multifamily property is ideally located near major freeways, offering quick access to both Downtown LA and Inglewood's top attractions. The lot presents excellent potential for expansion, making it a versatile investment for future growth. The property features two units—one fully occupied,...Don’t Miss Out on This Exceptional Multifamily Property in South LA’s Booming Real Estate Market! Discover an incredible chance to invest in one of LA’s most sought-after and fast-growing neighborhoods! This prime multifamily property is ideally located near major freeways, offering quick access to both Downtown LA and Inglewood's top attractions. The lot presents excellent potential for expansion, making it a versatile investment for future growth. The property features two units—one fully occupied, providing steady income, and the other recently built just 5 years ago, currently owner-occupied. This low-maintenance building is a rare find in a high-demand area, with plenty of upside for rental income. Act now and secure your place in this rapidly appreciating market!
  1. Listed by Elvia Alvarez • DRE #01799472 • Brokerage DRE #01872822 • Albert Ponce, Broker • 909-915-5306

Property Details for 1028 West 105th Street

Parking Spaces Total
6
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4760
Assessor Parcel Number
6060-018-003
Property Attached YN
false
LISTING UPDATED: 10/10/2024 12:12 AM

Property Details for 1028 West 105th Street

StatusActive
MLS #PW24208080
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.17 AC / 7,368 SF
CountyLos Angeles County

Building Information for 1028 West 105th Street

Stories2Residences-Year Built1926Building Size-Lot Size0.17 AC / 7,368 SF

Property Information for 1028 West 105th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $163,200
  • Gross Operating Income: $163,200
  • Net Operating Income: $148,416
  • Cap Rate: 8.74
Expense Details
  • Operating Expense: $14,784
  • New Taxes Expense: $8,424
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,800
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $380
  • Total Expenses: $14,784
Tax / Assessment Info
  • Tax Tract Number: 4686
  • Tax Census Tract: 6002.02
  • CFD/Mello-Roos Fee: $1,319
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
Exterior Features
  • Security Features: Smoke Detector(s)
  • Entry Location: Ground Level W/steps
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit, Paved
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Gated
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Gated
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $6,400
  • Unit Type Total Rent: $6,400
  • Unit Type Pro Forma: 8000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $7,200
  • Unit Type Total Rent: $7,200
  • Unit Type Pro Forma: 9000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 1028 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 1028 West 105th Street

Taxable ValueLand$147,765Additions$463,059Total$610,824
Tax Record2024$8,742 ($729 / month)
Home Facts
Total Finished SqFt4,760 SqFtAbove Grade Finished SqFt4,760 SqFtStories1Lot Size7,366 SqFtStyleDuplexYear Built1926ZoningLCR320U*CountyLOS ANGELESAPN6060-018-003

Schools near 1028 West 105th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
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

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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1028 West 105th Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on September 22, 2024 by Albert Ponce, Broker, it's currently listed at $1,699,000. It has been on the market for a total of 45 days and was last sold on August 16, 2011. 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. 1028 West 105th Street is a 12-bed, 7-bath, 4,760 sqft multi-family home built in 1926.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Albert Ponce, Broker, Elvia Alvarez, DRE #01799472

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.