#SR25038742, Gayle Goode, Listing Office: Branch-Hughes, Angela
1525 W 105th St Los Angeles, CA 90047
Property details
About 1525 W 105th St
This spacious 8-unit garden-style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants. Key Features: Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint. Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential. Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility. Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available. Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value. Why This is a Great Investment: This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden-style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
Highlights
Summary
- MLS Number: GD25041587
- MLS Name: CRMLS
- Office Name: Prospect Group Inc.
- Office Email: vartan@prospectgroup.net
- Listing Agent: Vartan Achabahian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 3/1/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,699,000
1525 W 105th St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 21, 2023 | Home Sold | $1,070,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,600,000 | $23,576 |
2023 | $120,125 | $5,669 |
2022 | $117,770 | $5,569 |
2021 | $115,461 | $5,534 |
2020 | $114,278 | $5,459 |
2019 | $112,038 | $5,113 |
2018 | $109,842 | $5,018 |
2017 | $107,689 | $5,018 |
History based on county public records data.
Nearby schools
3
Woodcrest Elementary
Public District KG-5
0.5 mi
•1151 W 109th St
2
Manhattan Place Elementary School
Public District KG-5
0.6 mi
•1850 W 96th St
3
95th Street Elementary School
Public District KG-5
0.7 mi
•1109 W 96th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,194. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1525 W 105th St
This home is located at 1525 W 105th St in Los Angeles, CA and zip code 90047 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $1,699,000.
Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.