For Sale Multi-Family MLS# 26104058

350 E 105th Street

Los Angeles, CA 90003

$1,000,000

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About 350 E 105th Street

Put your next investment to work with an occupied duplex offering 2018 construction, nine bedrooms, and nearly $100,000 in annual scheduled rental income. Offered at $1,000,000, 350352 E. 105th Street combines substantial residential layouts with an established tenant relationship an attractive opportunity for investors seeking to acquire existing rental operations. The front residence features five bedrooms and three bathrooms, while the rear residence offers another five bedrooms and three bathrooms. These generous configurations provide the space and versatility that distinguish this property from smaller duplex offerings. Separate water meters further complement the property's investment appeal. An established tenant occupies both residences to operate a government-based housing program, with security personnel on site 24 hours a day. Both units are leased on a month-to-month basis, allowing buyers to evaluate continuing the existing arrangement while considering future plans, subject to applicable law and lease terms. The August 2026 rent roll reflects combined scheduled rent of $8,222.14 per month, or $98,665.68 annually, representing an approximately 10.14 gross rent multiplier at the asking price. Preliminary underwriting indicates a projected cap rate of approximately 8.05%, subject to verification of the complete operating expenses and current collections. This estimate uses historical property taxes and estimated insurance; buyers should independently establish NOI and projected returns using their anticipated ownership costs. For the long-term investor, the appeal is straightforward: newer construction, substantial bedroom counts, and an occupied property with rental history to evaluate. For buyers expanding a portfolio or considering a 1031 exchange, this offering presents an opportunity to acquire two spacious residences in a single transaction, with convenient access to the 110 and 105 freeways. Explore the income, review the operating history, and discover the possibilities this Los Angeles duplex offers for your portfolio. Private showings by appointment. Please do not disturb occupants.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2018
Stories
2
Living area
3,706 sqft
Price / sqft
$270
Lot
0.124
Original price
$1,000,000
MLS #
26104058

Interior

Heating
Central

Exterior & lot

Features
Parking spaces: 3
Construction
2
Lot
LAR2
Parking
Door-Multi, Door-Single, Driveway, Garage

Schools

District
Los Angeles Unified School District

Financial

Parcel
6063022016
Special conditions
Standard

Location

Area
C37 - Metropolitan South
County
Los Angeles
Neighborhood
Green Meadows
Directions
From the 110 Freeway, exit Century Boulevard and head east. Turn right onto Main Street, then left onto E. 105th Street. Continue to 350 E. 105th Street.

Ask about this property

Questions on 350 E 105th Street, Los Angeles, CA 90003, or want to see it in person?

Listed by Donny Adams, Keller Williams Hollywood Hills

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.