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Image 1 - 241 W 105th St, Los Angeles, California, 90003 - House for sale
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Home For Sale In Los Angeles, California
241 W 105th St, Los Angeles, California, 90003

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/11/24

241 W 105th St, Los Angeles, California, 90003

Studio Bed:
13 Bath:
3,433 Sq Ft Living Area:
Save
Price
$ 1,95M

About This House

10424 S.Broadway is an investment opportunity located in South Los Angeles, conveniently situated in the high rental demand pocket between Century Blvd and Main Street. The strong cashflow and high yield property is offered at an attractive 7.03% CAP rate and8.7 GRMon actual income, with 100% occupancy in the building. An investor can capture significant additional upside with the permit to add 3 large ADU units on the property, that will be delivered RTI. The ADU units are consisting of a two-bedroom/one-bathroom, a three-bedroom/one-bathroom, and a three-bedroom/two bathroom unit, which could bring north of an additional$9, 400per month once completed and rented. The 1986 built property does not fall within the city of Los Angeles rent control, and comes with …  Full description

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Broadway-Manchester Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.