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1016 W 110th Street
USD 1,725,000
Property ID: 24402825
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1016 W 110th Street ,90044
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icon 18003 SqFt
icon Built in 1950
icon USD 96/SqFt
icon 4 Beds
icon 13 Full
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Location Street View
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Interior Details
Bedrooms
4
Bathrooms
13
Interior Size
4358
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1950
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Detailed Introduction Of This Home
1016 W. 110th Street is an 11-unit apartment community located in unincorporated Los Angeles. The opportunity consists of three (3) separate structures on an extremely large 18,003 square foot lot. Each unit is separately metered for gas and electricity and has its own parking space. Unit composition includes ten (10) studio units and a 4-bedroom/3-bathroom house with a pool and front yard. The rents are close to market; however, there is still approximately 9% rental upside that can be achieved as the units turnover. Tenants have easy access to the 105 & 110 Freeway which connects the subject property to Downtown Los Angeles and the beaches. Lastly, as the new construction pipeline continues to grow in South Los Angeles, the ability for a new owner to get higher rents will increase over time as projects such as the 84-unit apartment next door is set to be completed by 2025.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1016 W 110th Street
USD 1,725,000 4 Beds
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