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Stacey Alysson Melman

1114 W 117th ST
Los Angeles, CA, 90044
$1,750,000
10 Beds
10 Baths
5,120 SqFt
0.19 Acres
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MLS #26964095 image #0
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.
AGENT: Jonathan Rawson
LISTING BROKERAGE: Avenue Realty Group
1114 W 117th ST
Los Angeles, CA

Property Details

Price:
$1,750,000
MLS #:
26964095
Status:
Active
Beds:
10
Baths:
10
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Sep 3, 2026
Finished Sq Ft:
5,120
Total Sq Ft:
5,120
Lot Size:
8,467 sqft / 0.19 acres (approx)
Year Built:
1959
C36 – Metropolitan SouthwestC36metropolitansouthwest
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Schools

Interior

Appliances
Disposal, Microwave, Dishwasher
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Levels
Two

Exterior

Common Walls
1 Common Wall
Parking Features
Assigned
Parking Spots
10
Parking Total
10
Stories
2

Financial

Gross Operating Income
$208,175
Net Operating Income
$149,065

Map

Community

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