Apartment Building with
For Sale
$1,750,000
1124 W 117th St, Los Angeles, CA 90044
Professionally managed property with open one-bedroom layouts and tenant-paid utilities.
Property Size5,200 SF
Price / SF$336.54
Days on Market11
Property Features for 1124 W 117th St
General Information
Standard status
Active
Size
5,200 SF
Property subtype
Residential Income
Financials
Cap Rate
7.56%
Gross Rent Multiplier
8.76
Units
Unit Mix
36 x 1BR/1BA, 16 x 2BR/1BA
Multifamily Units
52
Additional Details
Highway Access
Yes
Building Details
Buildings
4
Listing Agency:
Avenue Realty Group
(310) 433-4293
Listed By:
Jonathan Rawson
(310) 869-9137
Source:
Exprealty
Added: Sep 3
Changed: Sep 12
Last Checked: Sep 12 at 2:38PM
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 Avenue Realty Group
Investment Insights
Based on property information with market context.
This professionally managed apartment property in South Los Angeles contains 10 units, each configured as a large, open 1 Bed/1 Bath residence. On-site parking is provided for tenants. Operating responsibilities are structured so residents pay for gas, electricity, and trash service, while the property’s late-1950s construction places it within an established multifamily building stock.
The property is within walking distance of Vista Point Community Park and Chester Washington Golf Course. Access to regional transportation is supported by proximity to the 105 freeway, with the 110 freeway also minutes away. Its location within a larger 52-unit, four-building portfolio provides additional context for buyers evaluating the surrounding assets together.
The property is within walking distance of Vista Point Community Park and Chester Washington Golf Course. Access to regional transportation is supported by proximity to the 105 freeway, with the 110 freeway also minutes away. Its location within a larger 52-unit, four-building portfolio provides additional context for buyers evaluating the surrounding assets together.
Key Highlights
- 10‑unit apartment property in South Los Angeles
- All units are large, open 1 Bed/1 Bath layouts
- On‑site parking for tenants
Property Analytics
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Current Use
Lease Details
52
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
477
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 - Professionally managed property with open one-bedroom layouts and tenant-paid utilities.
Where is this apartment building located?
The property is located at 1124 W 117th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 10‑unit apartment property in South Los Angeles; All units are large, open 1 Bed/1 Bath layouts; On‑site parking for tenants
