239 W 113th
Los Angeles, CA 90061
0
Bed
0
Bath
2,376Sqft
12,423Sqft(Lot)
239 W 113th Street is a six-unit operator deal with day-one cash flow and visible rent upside. At the asking price of $985,000, the property is offered at $164,167 per unit and underwrites to a 6.56% current cap rate and 8.61 current GRM based on the offering financials. The deal works because the in-place income is there on day one. Scheduled gross income is $114,384, and the asset is separately metered for gas and electricity, which helps contain utility exposure. The upside is real, but it is execution-based. Current average rent is $1,589 per unit versus underwritten market rent of $1,925, with one unit at $1,000 creating a large portion of the rent gap. This is not a heavy repositioning deal. It is a cash-flowing six-unit with selective rent reset potential over time. For Sou
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1924 Building Area Total: 2,376 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2852 -
Lot Size Source: Assessor Lot Size Square Feet: 12423
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Listing Price Information
Original List Price: 985,000 Listing Contract Date: 2026-04-10 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6074023031
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Other Property Info
Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Directions: S Broadway and Imperial Hwy Source Property Type: Residential Income Area: C36 - Metropolitan Southwest Property SubType: Mixed Use -
Building and Construction
Property Age: 102 Common Walls: No Common Walls Structure Type: Mixed Use Year Built Source: Public Records Entry Level: 1 Entry Location: 1
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10970 Avalon Boulevard, Los Angeles, CA, 90061 | $699,990 | 4 | 3 | 1,805 | 1,805 SqFt |
| 451 E 111th, Los Angeles, CA, 90061 | $549,777 | 4 | 3 | 1,800 | 1,800 SqFt |
| 10811 S San Pedro Street, Los Angeles, CA, 90061 | $639,000 | 2 | 2 | 980 | 980 SqFt |
| 11863 S Avalon Boulevard, Los Angeles, CA, 90061 | $849,000 | 3 | 2 | 1,902 | 1,902 SqFt |
| 445 E 119th Street, Los Angeles, CA, 90061 | $674,900 | 3 | 2 | 1,200 | 1,200 SqFt |
| 319 E 113th Street, Los Angeles, CA, 90061 | $620,000 | 4 | -- | 1,666 | 1,666 SqFt |
| 423 E 127th Street, Los Angeles, CA, 90061 | $940,000 | 5 | -- | 2,357 | 2,357 SqFt |
| 204 E Imperial, Los Angeles, CA, 90061 | $374,900 | 3 | 1 | 979 | 979 SqFt |
| 11861 S San Pedro, Los Angeles, CA, 90061 | $699,900 | 3 | 3 | 1,553 | 1,553 SqFt |
| 11415 Link Street, Los Angeles, CA, 90061 | $525,000 | -- | -- | -- |
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ByOwner last updated this listing 06/10/2026 @ 21:58
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