Sasha Soofer 4248883695
Steve Ravan 3237821262

1315 W 104th St 6 Unit Apartment Building $1,690,000 ($281,667/Unit) 7% Cap Rate Los Angeles, CA 90044

EXECUTIVE SUMMARY

Introducing a turnkey 6-unit multifamily investment in South Central Los Angeles, listed at $1,690,000. This high-yield opportunity features four fully occupied units in the main structure, leased to model Section 8 tenants, providing stable, government-backed rental income. In addition, two brand-new rear units have just been completed and are delivered vacant, allowing the buyer to lease at full Section 8 voucher rates of $2,172 per month per unit, maximizing rental income from day one.
The newly constructed rear units were designed with modern finishes, featuring tile and marble flooring, sleek countertops, and high-end showers, along with in-unit washer/dryer hookups—offering an elevated living experience that will attract long-term tenants. All six units are individually metered, ensuring minimal ownership expenses and simplifying utility management.
This property is positioned to deliver strong cash flow with a 7.0% proforma cap rate at full occupancy. The combination of stable Section 8 rents, new construction upside, and high-demand rental market fundamentals makes this an ideal investment for buyers looking for consistent returns and long-term appreciation in one of LA’s most active multifamily submarkets.
Please DO NOT DISTURB tenants. Reach out to Sasha at 424.888.3695 or sasha@southparkgroup.com

1315 W 104th St Flyer

PROPERTY FACTS

Price	$1,690,000	Apartment Style	Low-Rise
Price Per Unit	$281,667	Building Class	C
Sale Type	Investment	Lot Size	0.15 AC
Cap Rate	7%	Building Size	3,500 SF
No. Units	6	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1912/2023
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,690,000
Price Per Unit	$281,667
Sale Type	Investment
Cap Rate	7%
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.15 AC
Building Size	3,500 SF
No. Stories	2
Year Built/Renovated	1912/2023
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.