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239 W 113th

Los Angeles, CA 90061
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Bed 0

Bed

Bath 0

Bath

SqFt2,376

Sqft

SqFt12,423

Sqft(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 th LA small-balance buyers, the deal offers day-one income, separate utility metering, excess parking, and rent upside tied to turnover rather than heavy repositioning.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $985,000

AD Id : 77024893

MLS Id : PW26079160

Lot Size : 12,423 Sqft

Living Area Size : 2,376

Year Built : 1924

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1924
    Building Area Total: 2376
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 12423 Lot Size Acres: 0.2852 Lot Size Source: Assessor Lot Size Square Feet: 12,423 Lot Description: 6-10 Units/Acre

  • Listing Price Information

    Listing Price: $985000
    Conventional

  • Tax Information

    Parcel Number: 6074023031 Tax Lot: 259

  • Parking Information

    Parking Total: 14

  • Location Information

    Direction: S Broadway and Imperial Hwy WaterSource: Public
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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
442 E 111th, Los Angeles, CA, 90061 $525,000 2 2 1,200 1,200 SqFt
11154 Towne, Los Angeles, CA, 90061 $615,000 3 2 955 955 SqFt
10811 S San Pedro Street, Los Angeles, CA, 90061 $639,000 2 2 980 980 SqFt
442 E 118th Street, Los Angeles, CA, 90061 $1,885,000 16 9 6,677 6,677 SqFt
445 E 119th Street, Los Angeles, CA, 90061 $674,900 3 2 1,200 1,200 SqFt
451 E 124th, Los Angeles, CA, 90061 $630,000 2 1 1,357 1,357 SqFt
423 E 127th Street, Los Angeles, CA, 90061 $940,000 5 -- 2,357 2,357 SqFt
11415 Link Street, Los Angeles, CA, 90061 $525,000 -- -- --
151 W 110th Street, Los Angeles, CA, 90061 $699,000 3 2 1,376 1,376 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 22:57

MLS: PW26079160 LISTED BY: Alex Colombo, Keller Williams Coastal Prop. 562-961-1400 SOURCE: CRMLS

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