Back to Search
Active 29 days on market

424 W 108th W

Los Angeles, CA 90061

$960,000

424 W 108th W
424 W 108th W photo 2
424 W 108th W photo 3
424 W 108th W photo 4
424 W 108th W photo 5
+10 more
Beds
Baths
Sq Ft
0.12Acres
1940Built
4Garage

About This Home

Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • Separate electric and gas meters • 4 one-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset • Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

Property Details

Property TypeQuadruplex
Year Built1940
Lot Size0.12 acres
Garage Spaces4
Parking Total8
HeatingWallFurnace
CoolingNone
PoolNo
MLS #1157293312
Days on Market29 days

Location

Listed by

Gustavo Arias

First Team Real Estate

MLS# PARIAGUS

Request Information

Interested in 424 W 108th W? We'd love to help.

By submitting, you agree to be contacted by Leeper Realty Group.

Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

424 W 108th W | Los Angeles, CA | Leeper Realty Group