1114 W 117th Street, Los Angeles, CA 90044

• 5,120 sqft

Property Description

This property is part of a rare opportunity to acquire a 4 building, 52-unit portfolio in South Los Angeles. This property is a professionally managed 10-unit asset with all large & open 1 Bed/1 Bath units that has on-site parking for tenants. Low operating expenses as tenants pay for gas, electricity and trash. The location is family friendly for tenants being walking distance to Vista Point Community Park & Chester Washington Golf Course, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles! This property is located next door and 2 doors/adjacent to two of the portfolio assets which provides a rare opportunity of large lot assemblage.

Listing Status:

Active

Date Added:

September 3, 2026

Data Last Updated:

September 23, 2026 at 12:06AM

Listing Office:

Avenue Realty Group : 310-433-4293

Listing Agent:

Jonathan Rawson : 310-869-9137

MLS ID:

CL26964095

Interior

• Heating: Wall Furnace

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LCR320U*6079018030