125 104Th St Los Angeles, CA 90003

This exceptional investment opportunity presents a fully stabilized five-unit apartment building located at 125 E 104th St, Los Angeles, CA 90003. The property, built in 1930, features a total of 2,741 square feet situated on a 5,645 square foot lot (APN: 6063-016-045). Currently boasting 100% occupancy, the building comprises five two-bedroom, one-bathroom units, offering a compelling unit mix. The property is zoned LAR2. The asking price is $1,050,000, translating to $210,000 per unit and $383.07 per square foot. The current Net Operating Income (NOI) stands at $91,096, yielding an 8.68% capitalization rate. A pro-forma analysis projects a significantly higher NOI of $138,681, resulting in a 13.21% pro-forma cap rate. This prime location in Los Angeles County offers investors substantial upside potential, situated in a rapidly developing submarket with convenient access to Inglewood, Gardena, and Downtown Los Angeles. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving area. The property's strong financials and strategic location make it an ideal addition to any investment portfolio.