This spacious 8-unit garden-style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants.
Key Features:
Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint.
Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential.
Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility.
Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available.
Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value.
Why This is a Great Investment:
This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden-style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
For sale
Listing Provided by:
Vartan Achabahian DRE #01728975 vartan@prospectgroup.net,
Prospect Group Inc.
Price cut: $24K (5/12)
$1,675,000
1525 W 105th St, Los Angeles, CA 90047
--beds
--baths
5,894sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$1,676,200 Zestimate®
$284/sqft
$-- HOA
What's special
Classic unitsRemodeled unitsLarge lot size
- 35 days
- on Zillow |
- 44 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 02:30pm
Listing Provided by:
Vartan Achabahian DRE #01728975 vartan@prospectgroup.net,
Prospect Group Inc.
Source: CRMLS,MLS#: GD25105437
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Ductless
Cooling
- Ductless
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Flooring: Laminate, Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,894
- Total interior livable area: 5,894 sqft
Property
Parking
- Total spaces: 15
- Parking features: Garage
- Garage spaces: 8
- Uncovered spaces: 7
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 0.44 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6059019035
- Zoning: LCR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Foundation: Raised
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $1,600,000
- Annual tax amount: $23,576
- Date on market: 5/12/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 13424
- Tenant pays: Electricity, Gas
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