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1416 W 105Th St, Los Angeles, CA 90047
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1416 W 105Th St Los Angeles, CA 90047

$1,700,000 Sold Price as of 11/05/2021
  • 16 Beds
  • 8 Baths
  • 5,837 Sq.Ft.
Sold
$1,700,000 Sold Price as of 11/05/2021 Refinance Your Mortgage
Map preview of 1416 W 105Th St, Los Angeles, CA 90047

Property Overview: 1416 W 105Th St Los Angeles, CA has 16 bedrooms, 8 bathrooms, 5,837 living square feet and 8,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INCREDIBLE INVESTMENT OPPORTUNITY WITH HUGE POTENTIAL LOCATED IN THE HEART OF LOS ANGELES !!!!! This property is perfect for anyone seeking to start or expand their Real Estate portfolio. This AMAZING 8 Unit Complex is very well kept and nicely maintained. Exterior of building was recently painted. Each unit has 2 bedrooms 1 bath, parking for each unit and security gate. You will find this property conveniently located within close proximity to the new SoFi Stadium, Hollywood Park Casino and the Forum in Inglewood. Minutes away from LAX, Mid City, Santa Monica, Downtown and beyond. Close & easy access to 110 and 105 and 405 Freeways, shopping centers and other amenities.

Listed by Maria Leon | BRE #01447706 | Excellence RE Real Estate
Last checked: 14 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
8,504
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS21209555
City
Los Angeles
County
Los Angeles
Time on Site
1087 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,290
  • Total Rent: $1,290
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.86%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $119,800
  • Net Operating Income: $105,594
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $14,206
  • Electric: $360
  • Trash: $6,240
  • Insurance: $2,566
  • Professional Management: $0
  • Water/Sewer: $5,040
  • Other Expenses: $180
  • Other Expense Description: heat

Property Details for 1416 W 105Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down, All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: None
  • Has Fence
  • Security
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Covered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 6059018009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: MAJOR CROSS STREETS 105TH/NORMANDIE
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1416 W 105Th St

Last sold for $1,700,000 on November 5th, 2021

  • November, 2021

  • Nov 7, 2021

    Date

    Sold

    CRMLS: RS21209555

    $1,700,000

    Price

  • Sep 27, 2021

    Date

    Active

    CRMLS: RS21209555

    $1,795,000

    Price

  • September, 2021

  • Sep 22, 2021

    Date

    Canceled

    CRMLS: DW21139148

    $1,800,000

    Price

  • Sep 14, 2021

    Date

    Withdrawn

    CRMLS: DW21139148

    $1,800,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: DW21139148

    $1,800,000

    Price

  • Jun 26, 2021

    Date

    Coming Soon

    CRMLS: DW21139148

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION!!!ATTENTION!!! Very Well-Maintained 8 Units Located in a Very Nice Location of South West Los Angeles...8 Large units with 2 Bedroom and 1 Bath each, 100% occupancy. There is definitely income growth potential with future rents, this Gorgeous Building Should be in your Portfolio. City of Inglewood revitalization program is just minutes away offering entertainment, Sofi Stadium home of the Rams and Chargers, The Forum, plus many well known franchise restaurants and shopping locations. Near FWY's and of course LAX, very large lot with cover parking space for all units.

  • April, 2004

  • Apr 26, 2004

    Date

    Sold (Public Records)

    Public Records

    $601,500

    Price

  • September, 2003

  • Sep 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $369,092

    Price

Show More

Tax History for 1416 W 105Th St

Assessed Value (2020): $1,224,000
Year Land Value Improved Value Assessed Value
2020 $918,000 $306,000 $1,224,000

Home Value Compared to the Market

This property vs the competition

1416 W 105Th St sold on November 5, 2021 for 60.27% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $307.52 per/sqft which puts the price per square foot 57.52% lower than the current median sale per square foot for the city of Los Angeles.

About 1416 W 105Th St

Detailed summary of property

1416 W 105Th St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 16 bedrooms, 8 bathrooms, roughly 5,837 living square feet, and sits on an approximately 8,504 square foot lot. 1416 W 105Th St was first listed on ArdentRealEstateGroup.com on September 27, 2021. The homeowner sold the property for $1,700,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.27% higher than the current median priced home. Local homes that are currently for sale include 236 W 84th Pl, 7404 S Figueroa St and 1229 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 1416 W 105Th St has a days on market of 1 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1416 W 105Th St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1416 W 105Th St

Public county record property details
Beds
14
Baths
8
Year built
1962
Sq. Ft.
5,837
Lot Size
8,504
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
6059-018-009

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
106
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1416 W 105Th St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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