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.
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.