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Active 11 days on market

1055 W 104th Street

Los Angeles, CA 90044

$850,000

1055 W 104th Street
1055 W 104th Street photo 2
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+3 more
6Beds
0Baths
2,593Sq Ft
0.21Acres
1948Built

About This Home

Exceptional Income Property Opportunity in Los Angeles! Welcome to 1055 W. 104th Street, Los Angeles, CA 90044 a versatile and well-maintained multi-unit property offering an excellent opportunity for both investors and owner-occupants. Situated on a spacious lot, this property features three units with strong rental income potential and additional value-add opportunities. Unit #1 is a vacant, beautifully remodeled 3-bedroom, 1-bathroom ground-floor unit, ready for immediate occupancy or rental at market rates. Unit #2 is an upstairs 2-bedroom, 2-bathroom unit currently generating $2,700 per month. Unit #3, located in Building #2, is a top-floor 1-bedroom, 1-bathroom unit generating $2,200 per month. The property offers room for future expansion, making it an attractive investment for buyers seeking long-term growth. Building #2 includes two garage units, one of which was previously converted into a bachelor unit by a former owner and is currently being used for storage, presenting additional potential for future use (buyer to verify all permits and uses).Conveniently located near major transportation routes, shopping centers, dining, schools, and parks, this property provides easy access to everything Los Angeles has to offer. Whether you're looking to live in one unit while collecting rental income or expand your investment portfolio, this property presents a rare opportunity with immediate cash flow and upside potential. Don't miss this exceptional investment opportunity in a growing Los Angeles neighborhood!

Property Details

Property TypeResidentialIncome
Year Built1948
Living Area2,593 sq ft
Lot Size0.21 acres
Bedrooms6
Bathrooms0 full
Parking Total3
HeatingWallFurnace
CoolingNone
PoolNo
MLS #1171122076
Days on Market11 days

Location

Listed by

Marielle Epstein

1st Point Realty

MLS# CLW-C126530

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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.