125 East 104th Street

Los Angeles, CA 90003

$1,195,000
Price
10
Beds
5
Baths
2,741 Sq. Ft.
$436 / Sq. Ft.
2,741
Sq. Ft.
$436
per Sq. Ft.

Description

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 125 E 104th St is a Fully Stabilized 5 unit apartment in Los Angeles County. Priced at a 9.32 GRM and 7.48% Current Cap rate, this asset is the best Cap Rate in this submarket of Los Angeles. The subject property boasts an excellent unit mix of (5) 2-Bed/1-Bath Units.125 E 104th St is in a quickly growing submarket minutes from new construction and a stone's throw from Inglewood, Gardena and Downtown LA.Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 125 E 104th St is a Fully Stabilized 5 unit apartment in Los Angeles County. Priced at a 9.32 GRM and 7.48% Current Cap rate, this asset is the best Cap Rate in this submarket of Los Angeles. The subject property boasts an excellent unit mix of (5) 2-Bed/1-Bath Units.125 E 104th St is in a quickly growing submarket minutes from new construction and a stone's throw from Inglewood, Gardena and Downtown LA.
  1. Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 125 East 104th Street

Zoning
LAR2
Style
Bungalow
Parcel Number
6063016045
Total Units
5.0
Living Area
2741
Source Living Area
Owner
Area
Metropolitan South (C37)
Vacancy Rate
0

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419
Add your commute
LISTING UPDATED: 05/23/2024 12:01 AM

Property Details for 125 East 104th Street

StatusActive
MLS #24-391779
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.13 AC / 5,645 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419
Add your commute

Building Information for 125 East 104th Street

Stories1Residences-Year Built1930Building Size-Lot Size0.13 AC / 5,645 SF

Payment Calculator

$7,146 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$624

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125 East 104th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: apt
  • Security Features: Gated
  • Direction Faces: South
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $124,397
  • Net Operating Income: $89,357.00
  • Gross Income: $128,244
  • Cap Rate: 7.48%
  • Gross Rent Multiplier: $9.32
  • Vacancy Allow Dollar: $3,847.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 35040
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1296
  • Lot Size Square Feet: 5645
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Description: Fenced Yard, Front Yard, Fenced, Lot-Level/Flat, Lot Shape-Rectangular
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Microwave, Dishwasher
  • Cooking Appliances: Oven, Gas/Electric Range
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Flat
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-15-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,137.00
  • Unit Actual Rent: $10,687.00
  • Unit Projected Rent: $15,260.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $217,633.00
  • Assessed Improvement Percent: 39.88
  • Assessed Land Value: $328,093.00
  • Assessed Land Percent: 60.12
  • Assessed Total Value: $545,726.00

Property History for 125 East 104th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 125 East 104th Street

Taxable ValueLand$328,093Additions$217,633Total$545,726
Tax Record2023$7,486 ($624 / month)
Home Facts
Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtLot Size5,643 SqFtStyleQuadraplexYear Built1930ZoningLAR2CountyLOS ANGELESAPN6063-016-045

Schools near 125 East 104th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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125 East 104th Street is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on May 15, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,195,000. It has been on the market for a total of 33 days and was last sold on November 22, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Seventh Street Elementary School, Alliance College-Ready Middle Academy No. 4 and Alain Leroy Locke College Prep Academy. 125 East 104th Street is a 10-bed, 5-bath, 2,741 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Peter James, DRE #01748556; Lyon Stahl Investment Real Estate, Inc., William James, DRE #01734419

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.