$960,000
+$5,000424 W 108th W, Los Angeles CA 90061
Multi-Family (Fourplex)
Property type
56 days
On market
$240
Price per sqft
4 cars
Garage
1940
Year built
5,248 sqft
Lot size
Home highlights
Open Houses
Overview
Well-maintained 4-unit investment property delivering a 7.79% current cap rate with clear upside to 10.16% pro forma in a high-demand South Los Angeles corridor. The property consists of three 2-bedroom/1-bath units and one 5-bedroom/2-bath. Key highlights: • 7.79 % in-place CAP | 10.16% pro forma CAP • Separate electric and gas meters • 4 one-car garages...
Listing provided by: Gustavo Arias DRE #01889399, First Team Real Estate
Listing updated: May 21, 2026 at 09:29pm.
Last checked: Jun 3, 2026 at 03:30pm
Source: CRMLS #PW26069885
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 2 | 1 | $2,075 | $2,075 | $2,900 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,867 | $1,867 | $2,100 | Unfurnished |
| 1 | 2 | 1 | 1 | — | $2,100 | $2,100 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,672 | $1,672 | $2,100 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $7,714
Financial Snapshot
Gross Rent Multiplier
10.4x
List Price / Annual Gross Rent
Cap Rate
7.79%
NOI / List Price
Gross Scheduled Income: $92,568
Operating Expense: $17,742
Net Operating Income: $74,980
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,824
Trash: $0
Water / Sewer: $3,264
Interior
Interior Features: Granite Counters, Multiple Staircases, Solid Surface Counters, All Bedrooms Up, All Bedrooms Down
Room Type: Bedroom
Flooring: Laminate, Tile
Cooling: None
Heating: Wall Furnace
Appliances: Gas Range, Refrigerator, Water Heater
Fireplace: None
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Roof: Rolled Hot Mop
Foundation: Combination
Window Features: Blinds
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Common Walls: One Common Wall
Direction Faces: East
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
View: None
Garage and Parking
Parking: Assigned, Driveway, Garage, Other, Paved
Garage Spaces: 4
Uncovered Spaces: 4
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6061034006
Additional Parcels: No
Tax Lot: 295
Zoning: LAR4
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 424 W 108th W, Los Angeles, CA 90061. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$768,000
Total Interest
$979,542
Total Payment
$1,747,542
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,004
per month
Property History for 424 W 108th W
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90061.
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