Description
We are pleased to present 1455 W 106th Street, a 6-unit multifamily investment opportunity in unincorporated Los Angeles county (90047). Built in 1955, the property features a desirable unit mix of (1) 3 Bed/1 Bath freestanding home in the rear, (1) 2 Bed/1 Bath, and (4) 1 Bed/1 Bath units, totaling approximately 3,821 square feet on an oversized 8,506 square foot lot. The expansive lot provides ample on-site parking, a highly sought-after amenity in this parking-impacted submarket. Further, both buildings received new roofs in 2021, and the property has undergone substantial electrical upgrades in recent years, minimizing near-term capital expenditure risk. Priced at a 6.38% CAP rate and 10.01 GRM on current rents, with upside to a 9.67% market CAP rate and 7.43 market GRM, this offering presents a compelling value-add opportunity with strong day 1 income and an achievable rent upside of 33%. The property is separately metered for gas and electricity.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are pleased to present 1455 W 106th Street, a 6-unit multifamily investment opportunity in unincorporated Los Angeles county (90047). Built in 1955, the property features a desirable unit mix of (1) 3 Bed/1 Bath freestanding home in the rear, (1) 2 Bed/1 Bath, and (4) 1 Bed/1 Bath units, totaling approximately 3,821 square feet on an oversized 8,506 square foot lot. The expansive lot provides ample on-site parking, a highly sought-after amenity in this parking-impacted submarket. Further, both buildings received new roofs in 2021, and the property has undergone substantial electrical upgrades in recent years, minimizing near-term capital expenditure risk. Priced at a 6.38% CAP rate and 10.01 GRM on current rents, with upside to a 9.67% market CAP rate and 7.43 market GRM, this offering presents a compelling value-add opportunity with strong day 1 income and an achievable rent upside of 33%. The property is separately metered for gas and electricity.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T13:33:57.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.