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About This Home
This 11-bedroom, 5-bathroom multi-family at 424 W 108th W in Los Angeles, CA is listed for $960,000 ($240 per sqft). Built in 1940, the home offers 3,992 sqft of living space on a 0.12 acres lot.
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. A 2/1 unit is currently available — offering immediate flexibility for an owner-use or lease-up at market rent.
Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • One upgraded vacant unit ready for immediate "owner living in one" or lease • Separate electric and gas meters • 4 one-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset •
Maintained Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets.
Serious investors will recognize the combination of cash flow, flexibility, and location positioning. Opportunity to acquire a small portfolio of well-located multifamily assets with strong in-place cash flow and clear upside. Properties can be purchased individually or together for immediate scale.
The owner is actively repositioning their portfolio and is prepared to transact in the near term. Flexible and open to creative deal structuring to facilitate a strong transaction. 629–633 San Pedro (5 Units) 6.56% current cap | 7.82% potential Five 1-bedroom units with one unit available for owner-user or lease-up 1945 W Vernon (4 Units) 6.31
% current cap | 7.79% potential Three 1-bedroom units plus one 2-bedroom unit.One 1-bedroom available "for living in one and renting the others Combined, these assets offer diversified income streams across two strong rental submarkets, with multiple paths to increase NOI through rent growth and operational improvements.
Seller will prioritize well-structured offers and is open to considering terms that can enhance overall deal economics. Contact for financials, OM, and details on acquiring one or any combination of the 3 properties.
Key Features
- Built in 1940
- 0.12 acre lot
- 2 stories
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$5,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
424 W 108th W
Los Angeles, CA 90061
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 11-bedroom, 5-bathroom multi-family at 424 W 108th W is listed at $960,000 ($240/sqft). The estimated monthly payment is $4,160 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.12 acre lot, 2 stories, 8 parking spaces. Interior Features: Corian Counters, 2 Staircases, Granite Counters. Exterior Features: Fence, Community Features Included: Urban, 0-1 Unit/Acre.
This property is listed by Gustavo Arias and can be reached at 3238190035 or GustavoArias@firstteam.com.
















