8-Unit Apartment
New
For Sale
$2,175,000
1038- W 104th St, Los Angeles, CA 90044
The unit mix combines one- and two-bedroom apartments, each with one bathroom.
Property Size5,550 SF
Lot Size0.20 Acres
Price / SF$391.89
Days on Market2
Property Features for 1038- W 104th St
General Information
Standard status
Active
Size
5,550 SF
Lot size
0.20 Acres
Property subtype
Multi-Family
Financials
Cap Rate
6.8%
Gross Rent Multiplier
10.9
Units
Unit Mix
6 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
8
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
401K Realty
Listed By:
JULIUS WARD · License #01394172
(310) 349-8337
Source:
Michaeldevlingroup
Added: Oct 1
Last Checked: Oct 1 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 401K Realty
Investment Insights
Based on property information with market context.
This eight-unit apartment property contains 5,550 square feet on an approximately 8,654-square-foot lot. Six apartments have two bedrooms and one bathroom; the remaining two have one bedroom and one bathroom. The property has long-term tenants and has maintained consistently strong occupancy. Reported investment metrics include a 6.8% cap rate and a 10.9 GRM.
At 1038- W. 104th St in Los Angeles, the property is a few minutes from the 110 Harbor Freeway, providing access to South Los Angeles and other areas. SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district are also described as a few minutes away. Woodcrest Elementary School is approximately 0.3 miles away, and George Washington Preparatory High School is approximately 0.7 miles away.
At 1038- W. 104th St in Los Angeles, the property is a few minutes from the 110 Harbor Freeway, providing access to South Los Angeles and other areas. SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district are also described as a few minutes away. Woodcrest Elementary School is approximately 0.3 miles away, and George Washington Preparatory High School is approximately 0.7 miles away.
Key Highlights
- Eight apartment units: six with 2 bedrooms and 1 bathroom, plus two with 1 bedroom and 1 bathroom
- 5,550‑square‑foot building on an approximately 8,654‑square‑foot lot
- Reported 6.8% cap rate and 10.9 GRM
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix combines one- and two-bedroom apartments, each with one bathroom.
Where is this apartment building located?
The property is located at 1038- W 104th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Eight apartment units: six with 2 bedrooms and 1 bathroom, plus two with 1 bedroom and 1 bathroom; 5,550‑square‑foot building on an approximately 8,654‑square‑foot lot; Reported 6.8% cap rate and 10.9 GRM
