1016 W 110Th Street, Los Angeles, CA 90044
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Sold Price :
$1,625,000
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Beds :
4
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Baths :
13
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Property Size :
4,358 sqft
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Year Built :
1950
Property Description
1016 W. 110th Street is an 11-unit apartment community located in unincorporated Los Angeles. The opportunity consists of three (3) separate structures on an extremely large 18,003 square foot lot. Each unit is separately metered for gas and electricity and has its own parking space. Unit composition includes ten (10) studio units and a 4-bedroom/3-bathroom house with a pool and front yard. The rents are close to market; however, there is still approximately 9% rental upside that can be achieved as the units turnover. Tenants have easy access to the 105 & 110 Freeway which connects the subject property to Downtown Los Angeles and the beaches. Lastly, as the new construction pipeline continues to grow in South Los Angeles, the ability for a new owner to get higher rents will increase over time as projects such as the 84-unit apartment next door is set to be completed by 2025.
Interior Features
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
13 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1016 W 110Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Andres Diaz DRE #01956479 |
| Co-Listing Agent |
Scott Chaplan DRE #01182553 |
| Courtesy Of |
Keller Williams Downtown LA |
| Close Price |
$1,625,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
4,358 |
| Lot Size |
18,003 |
| Year Built |
1950 |
Listing information courtesy of: Andres Diaz, Scott Chaplan, Keller Williams Downtown LA. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 5:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
