224 101st, Los Angeles CA 90003 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-10-19 08:11:10.000000. Listing information © 2025 Sandicor.

Asking Price: $795,000 | ​​​​​​​

224 101st, Los Angeles CA 90003

Community: ​C37 - Metropolitan South


This property was built in 1945 and is priced at $795,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 25596833
  • Type:
  • Year Built: 1945
224 W 101st St | 3-Unit Multifamily in South Los Angeles. Built in 1923, the property consists of three well-laid-out 2-bed / 1-bath units totaling 1,584 SF on a generous 8,102 SF LAR2 lot ($98 PSF). One unit will be delivered vacant at close, creating immediate lease-up or owner-user potential. Two occupied units benefit from Section 8 tenancy, ensuring reliable collections. Priced at $795,000 (~$265K per unit / $501 per SF), the property offers a ~10.64% current cap rate and an impressive ~18.79% pro forma, with ~56% rental upside available in a neighborhood experiencing steady renter demand and strong transit connectivity.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152