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 generating additional rental income • Opportunity to install coin-op laundry for further NOI growth • 5,248 SF lot • Proven income-producing asset • Maintained Fully Occupied Located minutes from USC, BMO Stadium, Exposition Park, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside - offering both strong current yield and operational growth potential in one of Los Angeles' most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Listed by Gustavo Arias
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License #01889399
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First Team Real Estate
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323-819-0035
Last updated April 23, 2026
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Source: bridgeMLS #CRPW26069885
Listing Facts
TypeMulti-family
NeighborhoodVermont Vista
Bedrooms11
Days on Prevu17
Size3,992 sqft
Price per sqft$239
Location
Mortgage Calculator
Listing History
04/23/2026
Price Decreased
$955,000
04/15/2026
Price Increased
$960,000
04/15/2026
Price Decreased
$955,000
04/14/2026
Listed by First Team Real Estate
$960,000
Property Details for 424 W 108th
Exterior
Construction
Number Of Units Total: 4
Year Built: 1940
Construction Materials: Stucco
Exterior Features: Other
Features
Fencing: Wood
Measurements
Building Area Total: 3,992
Lot Size Acres: 0.12
Lot Size Area: 0
Lot Size Square Feet: 5,248
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 6061034006
Interior
Features
Flooring: Laminate, Tile
Measurements
Living Area: 3,992
Living Area Units: Square Feet
Rooms
Bedrooms Total: 11
Parking
Parking
Parking Features: Assigned, Other
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: No Hookups
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 11 bedrooms in this multi-family home at 424 W 108th.
How does 424 W 108th compare to other multi-family homes in Vermont Vista?
This multi-family home is listed 31% below the average price for multi-family homes in Vermont Vista and has been on the market for 100 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,992 sqft.
424 W 108th is a 11-bedroom multi-family home for sale in Los Angeles CA 90061. Listed on Prevu for 17 days at $955,000. This includes a recent price decrease of $5,000. This property features 3,992 square feet of living space, located in Vermont Vista. The median listing price for multi-family homes in this area is $762,500. Browse more multi-family home listings in Los Angeles.
Based on information from bridgeMLS 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.