Under Contract

1455 W 106th

Los Angeles, CA 90047
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Bed 0

Bed

Bath 0

Bath

SqFt3,821

Sqft

SqFt8,506

Sqft(Lot)

We are pleased to present 1455 W 106th Street, a 6-unit multifamily investment opportunity in unincorporated Los Angeles county (90047). Built in 1955, the property features a desirable unit mix of (1) 3 Bed/1 Bath freestanding home in the rear, (1) 2 Bed/1 Bath, and (4) 1 Bed/1 Bath units, totaling approximately 3,821 square feet on an oversized 8,506 square foot lot. The expansive lot provides ample on-site parking, a highly sought-after amenity in this parking-impacted submarket. Further, both buildings received new roofs in 2021, and the property has undergone substantial electrical upgrades in recent years, minimizing near-term capital expenditure risk. Priced at a 6.38% CAP rate and 10.01 GRM on current rents, with upside to a 9.67% market CAP rate and 7.43 market GRM, this offering presents a compelling value-add opportunity with strong day 1 income and an achievable rent upside of 33%. The property is separately metered for gas and electricity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $950,000

AD Id : 77771913

MLS Id : SB26089383

Lot Size : 8,506 Sqft

Living Area Size : 3,821

Year Built : 1955

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None Flooring: Laminate
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1955 Building Area Total: 3,821
  • Accessibility Features

    Parking

    Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1953
  • Lot Size Source: Assessor Lot Size Square Feet: 8506

  • Listing Price Information

    Original List Price: 950,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6059018025

  • Garage and Parking

    Garage Description: On Site

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: C36 - Metropolitan Southwest Directions: Normandie Ave & W 106th St Source Property Type: Residential Income Area: C36 - Metropolitan Southwest Property SubType: Apartment
  • Building and Construction

    Property Age: 71 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1425 W Gage Avenue, Los Angeles, CA, 90047 $598,999 3 2 1,029 1,029 SqFt
1400 W 65th, Los Angeles, CA, 90047 $1,239,000 -- -- 3,660 3,660 SqFt
1452 W 61st, Los Angeles, CA, 90047 $765,000 3 3 1,407 1,407 SqFt
1537 W 60th, Los Angeles, CA, 90047 $625,000 2 2 924 924 SqFt
1547 W 60th Place, Los Angeles, CA, 90047 $659,999 3 1 840 840 SqFt
7422 Brighton, Los Angeles, CA, 90047 $774,900 4 2 1,373 1,373 SqFt
1700 W 60th Street, Los Angeles, CA, 90047 $899,000 8 -- 2,496 2,496 SqFt
1508 W Florence Avenue, Los Angeles, CA, 90047 $1,775,000 12 -- 4,910 4,910 SqFt
1550 W 70th St, Los Angeles, CA, 90047 $755,000 2 1 996 996 SqFt
1425 W 79th, Los Angeles, CA, 90047 $849,000 3 2 1,356 1,356 SqFt

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ByOwner last updated this listing 06/15/2026 @ 00:57

MLS: SB26089383 LISTED BY: Joshua Barut, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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