1124 W 117th Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1124 W 117th Street

Los Angeles, CA 90044
10 Beds
10 Baths
5,200 Sq Ft
Built 1958
$1,750,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1958
Living area
5,200 sq ft
Lot size
8,779 sq ft
Parking
6 spaces
Stories
2
Days on market
8
MLS status
Active
Zoning
LCR320U*

Features & Amenities

Interior

  • Ceiling Fans

Appliances

  • Dishwasher
  • Disposal
  • Microwave

Parking

  • Assigned

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

1124 W 117th Street

Los Angeles, CA 90044

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Frequently Asked Questions About 1124 W 117th Street

Property type: Residential Income

The current asking price is $1,750,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1124 W 117th Street. Our team will confirm availability and timing.
This 10 bedrooms and 10 bathrooms property offers approximately 5,200 square feet of living space. It was built in 1958. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Jonathan Rawson
MLS ID: CLW-C135603

Available property

$1,750,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.