1114 W 117th ST, Los Angeles, CA 90044
1114 W 117th ST, Los Angeles, CA 90044
1114 W 117th ST, Los Angeles, CA 90044
1114 W 117th ST, Los Angeles, CA 90044
1114 W 117th ST, Los Angeles, CA 90044
1114 W 117th ST, Los Angeles, CA 90044
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Thomas Ryan

Thomas Ryan

+1(909) 334-2049
$ 1,750,000
Est. payment | /mo

10 Beds

10 Baths

5,120 SqFt

Save
$ 1,750,000
Est. payment | /mo
Save

10 Beds

10 Baths

5,120 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,120 sqft

Price per Sqft $341

MLS Listing ID 26964095

Bedrooms 10

HOA Y/N No

Year Built 1959

Lot Size 8,468 Sqft

Property Description

This property is part of a rare opportunity to acquire a 4 building, 52-unit portfolio in South Los Angeles. This property is a professionally managed 10-unit asset with all large & open 1 Bed/1 Bath units that has on-site parking for tenants. Low operating expenses as tenants pay for gas, electricity and trash. The location is family friendly for tenants being walking distance to Vista Point Community Park & Chester Washington Golf Course, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles! This property is located next door and 2 doors/adjacent to two of the portfolio assets which provides a rare opportunity of large lot assemblage.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Dishwasher, Disposal, Microwave

Exterior

Parking Features Assigned

Total Parking Spaces 10

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6079018030

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jonathan Rawson Avenue Realty Group #02010400

Nearby Locations

Thomas Ryan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 334-2049

thomas@thomasryan.realestate

4016 Grand Ave Suite A # 1082, Chino, CA 91710, United States

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1114 W 117th ST

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