1108 W 117th, Los Angeles, CA 90044
- $870,000
- Sold Price
- $870,000
- List Price
- $1,050,000
- Closing Date
- Jul 15, 2026
- Status
- CLOSED
- MLS#
- SB26046174
- Year Built
- 1947
- Lot Size
- 8,462
- Acres
- 0.19
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 97
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
1108 W 117th St presents a 7-unit multifamily investment opportunity in the Metro Southwest Los Angeles submarket. The property consists of six 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a desirable unit mix that supports consistent tenant demand. The building is fully occupied, providing stable in-place income with clear long-term upside potential. Current rents total approximately $9,216 per month, producing a trailing twelve-month NOI of approximately $70,285.54. The property offers an approximately 6.69% in-place cap rate, with additional long-term upside. Conveniently located with access to major transportation corridors, employment centers, shopping, and neighborhood amenities, the property benefits from strong rental demand in the surrounding area.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $110,066
- Operating Expense
- 39780
Listing courtesy of Listing Agent: Jesse Dougherty (jesse@realtorjd.com) from Listing Office: Compass.
Listing sold by Mike Iryami from BRC Advisors- BH
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.