Overview
- MultiFamily
- 1947
Description
1108 W 117th St presents a 7-unit multifamily investment opportunity in the Metro Southwest Los Angeles submarket. The property consists of six 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a desirable unit mix that supports consistent tenant demand. The building is fully occupied, providing stable in-place income with clear long-term upside potential. Current rents total approximately $9,216 per month, producing a trailing twelve-month NOI of approximately $70,285.54. The property offers an approximately 6.69% in-place cap rate, with additional long-term upside. Conveniently located with access to major transportation corridors, employment centers, shopping, and neighborhood amenities, the property benefits from strong rental demand in the surrounding area.
Address
Open on Google Maps- Address 117th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90044
Details
Updated on April 6, 2026 at 7:08 pm- Property ID: HZSB26046173
- Price: $1,050,000
- Year Built: 1947
- Property Type: MultiFamily
- Property Status: CommercialSale
- Listed by: Jesse Dougherty
- DRE #: 01949609
- Contact Phone: 3109954475
- Contact Mail: jesse@realtorjd.com
- Brokered by: Compass
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