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8-Unit Apartment Building
New
For Sale
$2,175,000

1038 W 104th Street, Los Angeles, CA 90044

Eight apartments offer a mix of one- and two-bedroom layouts with established tenancy and access to the 110 Harbor Freeway.

Property Size5,550 SF
Lot Size0.20 Acres
Price / SF$391.89
Days on Market7

Property Features for 1038 W 104th Street

General Information

Standard status Active
Size 5,550 SF
Lot size 0.20 Acres
Property subtype Apartment

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

Building Size 5,550 SF
Year Built 1965
Listing Agency: 401K Realty
Listed By: JULIUS WARD · License #01394172
Source: Truthrealty
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 22 at 3:40PM

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 1965 apartment property contains 8 units within a 5,550-square-foot building on an approximately 8,654-square-foot lot. The unit mix includes six 2-bedroom/1-bath residences and two 1-bedroom/1-bath residences, providing a varied residential configuration within a compact multifamily asset. Established tenancy and consistently strong occupancy support its income-producing profile, with a 6.8% cap rate and 10.9 GRM.

Access to the 110 Harbor Freeway connects the property with South Los Angeles and surrounding areas. The location is also near SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district. Woodcrest Elementary School is approximately 0.3 miles away, while George Washington Preparatory High School is approximately 0.7 miles from the property.

Key Highlights

  • 8‑unit apartment property with six 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units
  • 5,550‑square‑foot building on an approximately 8,654‑square‑foot lot
  • 1965 construction

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartments offer a mix of one- and two-bedroom layouts with established tenancy and access to the 110 Harbor Freeway.
Where is this apartment building located?
The property is located at 1038 W 104th Street 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: 8‑unit apartment property with six 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units; 5,550‑square‑foot building on an approximately 8,654‑square‑foot lot; 1965 construction
More about this property
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