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Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
$ 5,595,000
Est. payment | /mo
19,425 SqFt
$ 5,595,000
Est. payment | /mo
19,425 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 19,425 sqft
Price per Sqft $288
MLS Listing ID CRSB25084868
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 0.438 Acres
Property Sub-Type Other
Property Description
We are proud to present 1451 W 105th St, Los Angeles — a rare, family-owned asset held for over 51 years, located in a designated Opportunity Zone. This well-maintained, 18-unit apartment building features all townhome-style units, including seventeen (17) 2-bedroom, 1.5-bath units and one (1) spacious 3-bedroom, 2.5-bath unit. Originally built in 1963, the property encompasses 19,425 square feet and sits on a generous 19,063 square foot lot. Recent upgrades include a modern video security system and the completion of a soft-story seismic retrofit. Residents enjoy well- designed, spacious units, onsite laundry facilities, and secure underground parking. With strong in-place rental income and approximately 30% rental upside, this property offers an exceptional value-add opportunity for investors. Ideally located just 2 miles from a Metro Rail stop, near major shopping centers, and minutes from the newly developed Hollywood Park—home to the NFL and NBA stadiums—this location combines convenience with long-term growth potential. Bonus Opportunity: The adjacent lot at 1455 W 105th St is also available for sale. Listed as land for $1,275,000 $66.86/ft), this 19,068 square foot parcel is situated in an Opportunity Zone and presents significant potential for affordable housing dev
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Water Public
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397