1114 W 117th Street, Los Angeles, CA 90044
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1114 W 117th Street,Los Angeles, CA 90044
$1,750,000
- 10 Beds
- 10 Baths
- 5,120 sq. ft.
- Multi-family
- Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26964095
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$341.8
About this home
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.
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Home facts
- Year built:1959
- Listing ID #:26964095
- Added:2 day(s) ago
- Updated:September 06, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Kitchen Description:Dishwasher, Disposal, Microwave
- Living area:5,120 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:5,120 sq. ft.
- Lot area:0.19 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$341.8
Features and amenities
- Appliances:Dishwasher, Disposal
- Amenities:Ceiling Fans
Parking
- Total parking spaces:10
- Parking description:Assigned
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