447 W 118th Place, Los Angeles, CA 90061
Local realty services provided by:ERA Excel Realty



447 W 118th Place,Los Angeles, CA 90061
$575,000
- 3 Beds
- 3 Baths
- 1,610 sq. ft.
- Multi-family
- Active
Listed by:jake glaser
Office:lyon stahl investment real estate, inc.
MLS#:25570959
Source:CRMLS
Price summary
- Price:$575,000
- Price per sq. ft.:$357.14
About this home
451 W 118th Pl, a triplex located in the Harbor Gateway North neighborhood of South Los Angeles. Built in 1948, the property is comprised of (3) one-bedroom / one-bathroom units with dual private entrances, a front door and a back door. A gated paved patio space offers parking for up to (5) cars. Unit 447 pays $1,047/month, unit 449 pays $1,122/month, and unit 451 pays $1,458/month. Future investors can capitalize on 36% of rental upside to meet the market with future rent increases. The roof is in good condition, per seller, and the exterior has been recently painted. The units are separately metered for electricity and gas and have laundry hookups (no machines currently installed). The property is located on a corner lot in a cul-de-sac off of the East side of Figueroa St, with direct access to the 105 & 110 freeways, making it convenient for tenants to commute. This asset offers an opportunity for an investor, particularly an entry-level buyer, to acquire a set of apartments that offer significant rental upside at a lower price point within Los Angeles.
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Home facts
- Year built:1948
- Listing Id #:25570959
- Added:20 day(s) ago
- Updated:August 18, 2025 at 02:21 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:1,610 sq. ft.
Structure and exterior
- Year built:1948
- Building area:1,610 sq. ft.
- Lot area:0.09 Acres
Finances and disclosures
- Price:$575,000
- Price per sq. ft.:$357.14
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