LKV Realty
Logo
$955,000
$5,000Reward *
424 W 108th W, Los Angeles, CA 90061Listing ID PW26069885

424 W 108th W, Los Angeles, CA 90061

Active
Time on site: 128 daysLast updated: Jul 8, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Square Feet
Square Feet
3,992
Acres
Acres
0.12
Days on Site
Days on Site
123
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1940
Garages
Garages
4
Parking
Parking
Assigned, Driveway, Garage, Other, Paved

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 both strong current yield and operational growth potential in one of Los Angeles’ most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.

Property Information

Property Details

Location

Address
424 W 108th W
County
Los Angeles
City
Los Angeles
Zip Code
90061
MLS Area
C34 - Los Angeles Southwest

Interior Features

Other Rooms

Laundry Features
None

Building

Building Information

Square Feet
3,992
Year Built
1940
Construction
Stucco
Foundation
Combination
Roof
Rolled/Hot Mop
Condition
Repairs Cosmetic

Financial

Special Conditions
Standard
Gustavo AriasFirst Team Real Estate, (562) 270-0688

Market Report for 90061

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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