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3,992 sqft

$955,000

424 W 108th W, Los Angeles CA, 90061

Price per sqft$239.23
Built in1940
Property size3,992 sqft
Property typeMulti-family

Overview

Active

Listed Apr 14, 2026

Updated Jul 9

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. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • 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 Fully Occupied 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.

$6,354/mo

Est. mortgage payment based on a $955,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26069885

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Gustavo Arias, First Team Real Estate, CA DRE 01889399

Listing Contact: 323-819-0035 

Based on information from the CRISNet MLS as of 7/9/2026, 6:08 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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