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5,550 sqft

$2,175,000

1038 W. 104th Street, Los Angeles CA, 90044

Price per sqft$391.89
Built in1965
Property size5,550 sqft
Property typeCondominium

Overview

Active

Listed Sep 18, 2026

Updated 2 weeks ago

Prime 8-Unit Income Property in Vermont Vista Corridor Excellent opportunity to acquire an 8-unit income property positioned in the highly accessible Vermont Vista corridor of Los Angeles. Located just minutes from the 110 Harbor Freeway, the property offers convenient access throughout South Los Angeles and beyond. The well-maintained 5,550-square-foot building sits on an approximately 8,654-square-foot lot and features an attractive unit mix of six 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Long-term, stable tenancy has supported consistently strong occupancy, making this an appealing addition to an income-focused portfolio. The property is situated in an area experiencing significant investment and redevelopment, with convenient proximity to SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district just few minutes away. This places the property near one of Los Angeles County's active redevelopment and economic growth corridors. Everyday tenant convenience is further supported by nearby schools, including Woodcrest Elementary School, approximately 0.3 miles away, and George Washington Preparatory High School, approximately 0.7 miles away. With a reported 6.8% cap rate and 10.9 GRM, this property offers a compelling combination of current income, a desirable unit mix, established tenancy, freeway accessibility, and proximity to major regional development.

$14,470/mo

Est. mortgage payment based on a $2,175,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
IN26204457

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Maintenance Expense
$4,860
Garage
Yes
55+/Senior Community
No

Listed by JULIUS WARD, 401K Realty, CA DRE 01394172

Listing Contact: 310-562-2361 

Based on information from the CRISNet MLS as of 9/29/2026, 3:39 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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