1604-1606 W 105th St, Los Angeles, CA 90047

$800,000
CLOSED
ACTIVE
$800,000
CLOSED
ACTIVE

Property Highlights

Year Built:
1949
Units:
4
Price / Unit:
$200,000
Price / SqFt:
$343.20
Property Type:
Multifamily
Building SqFt:
2,331

Property Details

Property Overview

1604 W 105th St is a well-maintained quadruplex located in the heart of Los Angeles. Built in 1949, this property features four units across two buildings on a 5,406 square-foot lot. With a total living area of 2,331 square feet, this multi-family property offers an excellent opportunity for investors seeking rental income in a desirable neighborhood. Its R2 zoning provides flexibility for residential use, catering to a variety of tenant needs.

Key Property Details

  • Location: 1604 W 105th St, Los Angeles, CA 90047
  • Lot Size: 5,406 square feet (0.12 acres)
  • Total Living Area: 2,331 square feet
  • Units: 4 (quadruplex)
  • Construction: Wood frame
  • Year Built: 1949
  • Zoning: LCR2* (multi-family residential)
  • Bedrooms: 3
  • Bathrooms: 4

Investment Highlights

This property presents an excellent opportunity for steady rental income with its four-unit configuration, appealing to both long-term renters and families. The LCR2* zoning allows for multi-family residential use, with potential for future redevelopment. The location in a high-demand rental market enhances the property's investment appeal, offering both immediate rental income and potential for appreciation over time.

Neighborhood and Accessibility

Situated in a vibrant and well-connected area of Los Angeles, the property offers easy access to local amenities, shopping centers, schools, and public transportation. It is also conveniently located near major highways, making it ideal for commuters. The neighborhood is known for its community feel and proximity to recreational areas, adding to the appeal for tenants seeking a balanced lifestyle close to the city’s core.

Market Trends and Financial Potential

The rental market in this part of Los Angeles remains robust, with similar properties consistently achieving high occupancy rates and steady rental increases. The quadruplex structure provides diverse rental options, reducing vacancy risks and catering to different tenant needs. Comparable properties in the area reflect strong market demand, making 1604 W 105th St a valuable addition to an investment portfolio.

For more information and to schedule a viewing, please contact:

Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl