1525 W 105th St Los Angeles, CA 90047
Westmont NeighborhoodEstimated payment $11,091/month
Total Views
165,707
11
Beds
8
Baths
5,894
Sq Ft
$284
Price per Sq Ft
Highlights
- 0.44 Acre Lot
- Ductless Heating Or Cooling System
- Bungalow
- Double Pane Windows
- Laundry Room
- 8 Car Garage
About This Home
This spacious 8-unit garden-style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants.
Key Features:
Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint.
Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential.
Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility.
Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available.
Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value.
Why This is a Great Investment:
This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden-style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
Listing Agent
Prospect Group Inc. Brokerage Email: vartan@prospectgroup.net License #01728975 Listed on: 05/12/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $23,576
Year Built
- Built in 1953 | Remodeled
Lot Details
- 0.44 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
- 7 Open Parking Spaces
- Parking Available
- Automatic Gate
Home Design
- Bungalow
- Turnkey
- Raised Foundation
Interior Spaces
- 5,894 Sq Ft Home
- 1-Story Property
- Double Pane Windows
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- Suburban Location
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 447
- Assessor Parcel Number 6059019035
- $4,242 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 8 Units
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $11,561
- Professional Management Expense $700
- Water Sewer Expense $12,000
- Operating Expense $56,380
- Gross Income $161,088
- Net Operating Income $104,707
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,576 | $1,632,000 | $979,200 | $652,800 |
| 2024 | $23,576 | $1,600,000 | $960,000 | $640,000 |
| 2023 | $5,669 | $120,125 | $36,261 | $83,864 |
| 2022 | $5,570 | $117,770 | $35,550 | $82,220 |
| 2021 | $5,534 | $115,461 | $34,853 | $80,608 |
| 2019 | $5,460 | $112,038 | $33,820 | $78,218 |
| 2018 | $5,114 | $109,842 | $33,157 | $76,685 |
| 2016 | $4,784 | $105,578 | $31,870 | $73,708 |
| 2015 | $4,739 | $103,993 | $31,392 | $72,601 |
| 2014 | $4,780 | $101,957 | $30,778 | $71,179 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $1,675,000 | -- | $284 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,070,000 | Consumers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,225,000 | Construction |
Source: Public Records
About the Listing Agent
Vartan Achabahian is the founder and CEO of Prospect Group. Vartan is a native Angeleno, born and raised in Hollywood, CA. He earned his bachelor’s degree from UCLA, majoring in International Development Studies. He has over 10 years of real estate experience. Most notably, he has helped countless homeowners save their homes from foreclosure. His remarkable rehabilitating projects have surpassed well over one hundred homes across SoCal.
As a recipient of a distinguished preservation
Vartan's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25105437
APN: 6059-019-035
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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