125 E 104th St, Los Angeles, CA 90003

Overview

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• Address: 125 E 104th St, Los Angeles, CA
• Property Type: Fully Stabilized 5-Unit Apartment Building
• Portfolio Availability: Part of an 8-building portfolio (can be sold individually or as a complete package)

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Financial Highlights

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• Current Price: Competitive pricing with a 9.32 GRM
• Current Cap Rate: 7.48%—Best in the submarket
• Projected Stabilized Cap Rate: 11.46% at a 6.53 GRM
• Rental Upside: 43% potential increase in rental income

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This financial performance makes 125 E 104th St an attractive investment for owners and investors aiming for strong returns in a highly competitive market.

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Unit Composition

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• Total Units: 5
• Unit Mix:
  • (5) 2-Bedroom / 1-Bathroom Units

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Each unit is thoughtfully designed, providing ample living space, modern amenities, and the comfort that tenants seek. This configuration not only meets current market demands but also positions the property for sustained occupancy rates.

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Location Insights

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• Submarket: Rapidly growing area in Los Angeles County
• Proximity:
  • Minutes from new construction and development
  • Close to major business hubs, including Inglewood, Gardena, and Downtown LA

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This prime location benefits from excellent access to public transportation, shopping centers, parks, and schools, enhancing its desirability for potential tenants. The area's ongoing development projects promise future growth, making it an ideal investment destination.

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Investment Highlights

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1. Strong Immediate Cash Flow:
   The property is generating solid returns from day one, thanks to its competitive GRM and cap rate. Investors can expect reliable income, making this a stable addition to any portfolio.
2. Strategically Located:
   Situated in a developing neighborhood, 125 E 104th St provides easy access to essential services and amenities. The property's proximity to major business districts ensures ongoing demand for rental units.
3. Significant Rental Upside:
   With a 43% rental upside, this property offers substantial potential for increasing revenue. Strategic property management and potential upgrades can help achieve the projected stabilized cap rate of 11.46%, enhancing overall profitability.
4. Portfolio Opportunity:
   The option to acquire this building as part of an 8-building portfolio adds flexibility for investors. This allows for diversified investment across multiple assets while capitalizing on economies of scale.

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Market Dynamics

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Los Angeles is a dynamic real estate market characterized by steady population growth and increasing demand for rental properties. The area surrounding 125 E 104th St is particularly appealing, benefiting from urban revitalization and ongoing infrastructural improvements. As job opportunities in Los Angeles expand, so does the need for quality housing, making this property a valuable asset in your investment strategy.

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125 E 104th St is a prime investment opportunity tailored for apartment building owners and real estate investors looking to enhance their portfolios. With its strong financial metrics, desirable location, and significant growth potential, this property stands out in a competitive market.

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For more information on this property and to discuss the full 8-building portfolio, please contact:

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Taylor Avakian
Founder, The Group CRE
First VP, Lyon Stahl

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Invest in 125 E 104th St and position yourself for success in one of the most vibrant rental markets in the nation. This property is more than just a building; it’s a pathway to financial growth and stability. Don’t miss out on this exceptional opportunity!