424 108th, Los Angeles, CA 90061

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
424 108th,Los Angeles, CA 90061
$960,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gustavo arias
Office: first team real estate
MLS#:PW26069885
Source:CAREIL

Price summary

  • Price:$960,000

About this home

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...

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Home facts

  • Year built:1940
  • Listing ID #:PW26069885
  • Added:1 day(s) ago
  • Updated:April 14, 2026 at 04:32 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Refrigerator

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Rolled Composition
  • Year built:1940
  • Lot area:0.12 Acres
  • Foundation Description:Combination

Utilities

  • Water:District - Public, Hot Water

Finances and disclosures

  • Price:$960,000

Features and amenities

  • Amenities:Window Covering(s)

Parking

  • Parking description:Assigned Spaces, Garage, Other
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