$ 960,000
-
$960,000
Price -
11
Bed -
5
Bath -
3,992
SqFt
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About the Listing PB16702 - PARIAGUS
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • Separate electric and gas meters • 4 one-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset • Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Listing Highlights
Status
Active
Days on Site
54
Property Type
Multi-Family
MLS ®
PW26069885
Year Built
1940
Total Square Footage
3,992
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 11
- Bathrooms: 5 Full
- Appliances: Gas Range, Refrigerator, Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters,Multiple Staircases,Solid Surface Counters,All Bedrooms Up,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Zoning: LAR4
- Roof: Rolled/Hot Mop
- Others: Repairs Cosmetic,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Driveway,Garage,Paved
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6061034006
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
424 W 108th W Los Angeles, CA 90061
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