$850,000
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!
Click to interact with map
Listed by Marielle Epstein with 1st Point Realty (818) 432-3580
Property Type
Residential Income
Status
Active
MLS Number
26839123
Year Built
1948
Lot Size
8,960 sq ft