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424 W 108th WLos Angeles, CA 90061

For Sale

$960,000

Smart Buyer Rebate $9,600

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

·

License #01889399

·

First Team Real Estate

·

323-819-0035

Last updated April 30, 2026

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Source: CRMLS #PW26069885

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Vista
  • Days on Prevu17

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/01/2026
Price Increased
$960,000
04/23/2026
Price Decreased
$955,000
04/14/2026
Listed by First Team Real Estate
$960,000

Property Details for 424 W 108th W

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic
  • Roof: Rolled/Hot Mop
  • Stories Total: 2
  • Window Features: Blinds
  • Year Built: 1940
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: 1

Features

  • Direction Faces: East
  • Fencing: Wood

Measurements

  • Building Area Total: 3,992
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,248
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,248
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.79
  • Gross Income: $74,979.60
  • Operating Expense: $17,742.00

Taxes

  • Parcel Number: 6061034006

Interior

Features

  • Appliances: Gas Range, Refrigerator, Water Heater
  • Flooring: Laminate, Tile
  • Interior Features: Granite Counters, Multiple Staircases, Solid Surface Counters, All Bedrooms Up, All Bedrooms Down

Other

Location

  • Tax Lot: 295

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Assigned, Driveway, Garage, Other, Paved
  • Parking Total: 8

Utilities

Equipment

  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 424 W 108th W.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 424 W 108th W.

How does 424 W 108th W 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.

424 W 108th W is a -bedroom multi-family home for sale in Los Angeles CA 90061. Listed on Prevu for 17 days at $960,000. This includes a recent price increase of $5,000. This residence is located in Vermont Vista. The median listing price for multi-family homes in this area is $762,500. Property amenities include parking. Explore more multi-family home listings in Los Angeles.

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 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.

Full MLS Disclaimers

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.