$ 795,000
-
$795,000
Price -
2
Bed -
1
Bath -
1,584
SqFt
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About the Listing CLW-X82195 - CLW-C138326
224 W 101st St | 3-Unit Multifamily in South Los Angeles. Built in 1923, the property consists of three well-laid-out 2-bed / 1-bath units totaling 1,584 SF on a generous 8,102 SF LAR2 lot ($98 PSF). One unit will be delivered vacant at close, creating immediate lease-up or owner-user potential. Two occupied units benefit from Section 8 tenancy, ensuring reliable collections. Priced at $795,000 (~$265K per unit / $501 per SF), the property offers a ~10.64% current cap rate and an impressive ~18.79% pro forma, with ~56% rental upside available in a neighborhood experiencing steady renter demand and strong transit connectivity.
Listing Highlights for 224 W 101st St
Status
Active
Days on Site
31
Property Type
Multi-Family
MLS ®
25596833
Year Built
1945
Total Square Footage
1,584
Lot/Acreage
0.19
County
Los Angeles
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Zoning: LAR2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway,Garage - Three Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6053025006
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Listing Location
Questions About..
224 W 101st St Los Angeles, CA 90003
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