Los Angeles, CA 90047,1525 W 105th ST
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Los Angeles, CA 90047,1525 W 105th ST
Los Angeles, CA 90047,1525 W 105th ST
Los Angeles, CA 90047,1525 W 105th ST
Los Angeles, CA 90047,1525 W 105th ST
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$ 1,650,000
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1525 W 105th ST Los Angeles, CA 90047

0.44 Acres Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26001784

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1953

Lot Size 0.438 Acres

Property Sub-Type Apartment

Property Description

This spacious 8-unit garden-style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants.

Key Features:
Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint.
Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential.
Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility.
Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available.
Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value.
Why This is a Great Investment:

This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden-style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR2*

Interior

Heating Ductless

Cooling Ductless

Flooring Laminate, Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Suburban, Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 6059019035

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Vartan Achabahian Prospect Group Inc. vartan@prospectgroup.net
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Huerta Elementary

    Public | PK - 5

  • 7

    Jefferson

    Public | KG - 5

  • 7

    McKinley Elementary School

    Public | KG - 5

  • 6

    York

    Public | KG - 5

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 5

    Zela Davis

    Public | KG - 5

  • 5

    Bennett - Kew Elementary School

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 4

    Centinela Elementary School

    Public | KG - 6

  • 4

    Kelso Elementary School

    Public | KG - 6

  • 4

    Kornblum

    Public | KG - 5

  • 4

    Today's Fresh Start Charter School Inglewood

    Public | KG - 6

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

Middle Schools 20
  • 6

    Environmental Charter Middle - Inglewood

    Public | 6 - 7

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 5

    Prairie Vista Middle School

    Public | 6 - 8

  • 5

    Bud Carson Middle School

    Public | 6 - 8

  • 4

    Vanguard Learning Center

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 2

    Grace Hopper STEM Academy

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 0

    Renaissance Community Day

    Public | 7 - 12

  • 0

    Alliance College-Ready Middle Academy No. 7

    Public | 6 - 8

  • 0

    Horace Mann UCLA Community School

    Public | 6 - 8

High Schools 20
  • 9

    Animo Leadership High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    Leuzinger High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Executive Preparatory Academy of Finance

    Public | 9 - 12

  • 1

    George Washington Prep High School

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Community Health Advocates

    Public | 9 - 12

  • 1

    Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

    Public | 9 - 12

  • 1

    John C. Fremont High School

    Public | 9 - 12

  • 1

    Alain Leroy Locke College Preparatory Academy

    Public | 9 - 12

  • 0

    St Mary's Academy

    Private | 9 - 12

  • 0

    Inglewood Continuation High School

    Public | 9 - 12

School and business data provided by Attom Data.
Sam And Eliza Othman

Sam And Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

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1525 W 105th ST