Properties
Los Angeles, CA 90044 1108 W 117th
$1,050,000
8 more
Presented By: Jesse Dougherty with Compass; 310-995-4475
Baths • 1
SQFT • 5,492
Garage • 7
Home Details
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.
Presented By: Jesse Dougherty with Compass; 310-995-4475
Interior Features for 1108 W 117th
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1108 W 117th
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.69
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
DirectionsBerendo to 117th
Entry Location1
Fuel Expense
Garage Spaces7
Garage Y/NYes
Gross Income110066
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet8462
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense8184
Net Operating Income70285.54
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense39780.4
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Lot29
Taxes$13,405
Tenant PaysAll Utilities
Total Actual Rent110592
Trash Expense1482.9
Water Sewer Expense6744.5
Year Built1947
Year Built SourceAssessor
Exterior for 1108 W 117th
Building Area Total5492
Lot Features6-10 Units/Acre
Lot Size Acres0.1943
Lot Size Area8462
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters7
Private PoolNo
Total Parking7
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
