224 W 101st Street, Los Angeles, CA 90003

Local realty services provided by:ERA Donahoe Realty
224 W 101st Street,Los Angeles, CA 90003
$795,000
  • 6 Beds
  • 3 Baths
  • 1,584 sq. ft.
  • Multi-family
  • Active
Listed by:taylor avakian
Office:lyon stahl investment real estate, inc.
MLS#:25596833
Source:CRMLS

Price summary

  • Price:$795,000
  • Price per sq. ft.:$501.89

About this home

224 W 101st St | 3-Unit Multifamily in South Los Angeles. Built in 1923, the property consists of three well-laid-out 2-bed / 1-bath units totaling 1,584 SF on a generous 8,102 SF LAR2 lot ($98 PSF). One unit will be delivered vacant at close, creating immediate lease-up or owner-user potential. Two occupied units benefit from Section 8 tenancy, ensuring reliable collections. Priced at $795,000 (~$265K per unit / $501 per SF), the property offers a ~10.64% current cap rate and an impressive ~18.79% pro forma, with ~56% rental upside available in a neighborhood experiencing steady renter demand and strong transit connectivity.

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Home facts

  • Year built:1945
  • Listing ID #:25596833
  • Added:7 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Living area:1,584 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1945
  • Building area:1,584 sq. ft.
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$501.89
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