1451 W 105th St - Apartments FOR SALE


Los Angeles, CA 90047- Westmont
$5,595,000 USD
310-447-2213
1451 W 105th St, Los Angeles, CA for Sale
$5,595,000 USD
Apartments - FOR SALE
1/30
null | 5.59% Cap Rate

1451 W 105th St
Los Angeles, CA 90047
Westmont


HIGHLIGHTS

  • (17) 2 Bed/1.5 Bath (1) 3 Bed/2.5 Bath Townhome Style Units
  • 19,425 Sqft Building – 19,063 Sqft Lot
  • (18) Tuck Under Parking Spaces
  • Onsite Laundry Facilities – Video System
  • Soft Story Retrofit Completed
  • Renovated Units

OVERVIEW

Stiegler | Takahashi Group is proud to present 1451 W 105th St, Los Angeles — a rare, family-owned asset held for over 51 years, located in a designated Opportunity Zone. This well-maintained, 18-unit apartment building features all townhome-style units, including seventeen (17) 2-bedroom, 1.5-bath units and one (1) spacious 3-bedroom, 2.5-bath unit. Originally built in 1963, the property encompasses 19,425 square feet and sits on a generous 19,063 square foot lot. Recent upgrades include a modern video security system and the completion of a soft-story seismic retrofit. Residents enjoy well-designed, spacious units, onsite laundry facilities, and secure underground parking. With strong in-place rental income and approximately 30% rental upside, this property offers an exceptional value-add opportunity for investors. Ideally located just 2 miles from a Metro Rail stop, near major shopping centers, and minutes from the newly developed Hollywood Park—home to the NFL and NBA stadiums—this location combines convenience with long-term growth potential. Bonus Opportunity: The adjacent lot at 1455 W 105th St is also available for sale. Listed as land for $1,275,000 ($66.86/ft), this 19,068 square foot parcel is situated in an Opportunity Zone and presents significant potential for affordable housing development.

FOR SALE DETAILS

PRICE

$5,595,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

18

PRICE/UNIT

$310,833

CAP RATE

5.59%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fourteen FiftyOne West

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,058 SF

ZONING

LCR2*

APN/PARCEL ID

6059-020-014

ASK ABOUT THIS PROPERTY

Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.