1455 W 106th, Los Angeles, CA 90047
- $910,000
- Sold Price
- $910,000
- List Price
- $950,000
- Closing Date
- Jul 24, 2026
- Status
- CLOSED
- MLS#
- SB26089383
- Year Built
- 1955
- Lot Size
- 8,506
- Acres
- 0.20
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 33
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property 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.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $94,920
- Operating Expense
- 29520
Listing courtesy of Listing Agent: Joshua Barut (joshbarutbroker@gmail.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by DEVLIN DUARTE from REAL CONSULTANTS
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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.