Introducing a turnkey 6-unit multifamily investment in South Central Los Angeles, listed at $1,690,000. This high-yield opportunity features four fully occupied units in the main structure, leased to model Section 8 tenants, providing stable, government-backed rental income. In addition, two brand-new rear units have just been completed and are delivered vacant, allowing the buyer to lease at full Section 8 voucher rates of $2,172 per month per unit, maximizing rental income from day one.
The newly constructed rear units were designed with modern finishes, featuring tile and marble flooring, sleek countertops, and high-end showers, along with in-unit washer/dryer hookups—offering an elevated living experience that will attract long-term tenants. All six units are individually metered, ensuring minimal ownership expenses and simplifying utility management.
With expenses as low as 25%, this property is positioned to deliver strong cash flow with a 7.0% proforma cap rate at full occupancy. The combination of stable Section 8 rents, new construction upside, and high-demand rental market fundamentals makes this an ideal investment for buyers looking for consistent returns and long-term appreciation in one of LA’s most active multifamily submarkets.
DO NOT DISTURB TENANTS. Call or text Sasha at 424-888-3695 to inquire. Owner is in no-need of representation.
For sale by owner
$1,690,000
1315 W 104th St, Los Angeles, CA 90044
6beds
3,300sqft
Est.:
MultiFamily
Built in 1912
-- sqft lot
$1,039,600 Zestimate®
$512/sqft
$-- HOA
What's special
Modern finishesTile and marble flooringHigh-end showersSleek countertops
- 100 days
- on Zillow |
- 112 |
- 1 |
Listed by:
(424) 888-3695
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Wall
Cooling
- Wall
Appliances
- Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 3,300 sqft
Property
Lot
- Size: 6,250 Square Feet
Details
- Parcel number: 6060007016
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1912
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $712,674
- Annual tax amount: $10,862
- Date on market: 3/6/2025
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