1108 W 117th, Los Angeles, CA 90044
List Price: $1.05M
Listing Status: ActiveUnderContract
0Days on Market: 35
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1947
Lot Size: 8,462 sq ft
Garage Spaces: 7
Private Pool: Yes
MLS Number: SB26046174
About This Property
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.