424 W 108th W
Los Angeles, CA 90061
11
Bed
5
Bath
3,992Sqft
5,248Sqft(Lot)
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • Separate electric and gas meters • 4 one-car garages generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset • Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside — offering b
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Rolled/Hot Mop Interior Features: Granite Counters,Multiple Staircases,Solid Surface Counters,All Bedrooms Up,All Bedrooms Down Windows: Blinds Property Appliances: Gas Range,Refrigerator,Water Heater Fireplace: None Flooring: Laminate,Tile -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1940 Building Area Total: 3,992 Construction: Stucco Roof: Rolled/Hot Mop -
Foundation
Combination -
Pool Features
NoneLaundry Features
NoneFencing
Wood
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1205 -
Lot Size Source: Assessor Lot Size Square Feet: 5248
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Listing Price Information
Original List Price: 955,000 Listing Contract Date: 2026-04-10 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6061034006
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Garage and Parking
Garage Description: Assigned,Driveway,Garage,Other,PavedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: From FWY 110 W on 108 Zoning: LAR4 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Quadruplex -
Building and Construction
Property Age: 86 Common Walls: 1 Common Wall Property Condition: Repairs Cosmetic Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 150 E 108th, Los Angeles, CA, 90061 | $620,000 | 4 | 2 | 1,392 | 1,392 SqFt |
| 132-134 E 109th, Los Angeles, CA, 90061 | $1,250,000 | 10 | 6 | 3,750 | 3,750 SqFt |
| 151 E 121st, Los Angeles, CA, 90061 | $849,999 | 7 | 4 | 2,737 | 2,737 SqFt |
| 228 W Imperial, Los Angeles, CA, 90061 | $699,900 | 5 | 4 | 2,275 | 2,275 SqFt |
| 400 W 109th, Los Angeles, CA, 90061 | $879,000 | 6 | 4 | 2,736 | 2,736 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/12/2026 @ 10:44
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