239 W 113th Los Angeles, CA ^$ 985,000

239 W 113th

^$ 985,000

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239 W 113th

Los Angeles, CA, 90061

^$ 985,000

Studio Baths0.0 Sq 2,376

Monthly Estimate*

^$ 6,065

Listed by Keller Williams Coastal Prop.

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $985,000. This 2,376 square foot home was built in 1924 on a lot size of 0.2852.

239 W 113th Street is a six-unit operator deal with day-one cash flow and visible rent upside. At the asking price of $985,000, the property is offered at $164,167 per unit and underwrites to a 6.56% current cap rate and 8.61 current GRM based on the offering financials. The deal works because the in-place income is there on day one. Scheduled gross income is $114,384, and the asset is separately metered for gas and electricity, which helps contain utility exposure. The upside is real, but it is execution-based. Current average rent is $1,589 per unit versus underwritten market rent of $1,925, with one unit at $1,000 creating a large portion of the rent gap. This is not a heavy repositioning deal. It is a cash-flowing six-unit with selective rent reset potential over time. For South LA small-balance buyers, the deal offers day-one income, separate utility metering, excess parking, and rent upside tied to turnover rather than heavy repositioning.

Multi-Family Active

Price

^$ 985,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2852

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26079160

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1924

Property Subtype Mixed Use

Gross Income 114384

Community Features Street Lights

County Los Angeles

Net Operating Income 64582

Operating Expense 45227

Insurance Expense 5346

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions S Broadway and Imperial Hwy

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 6

MLS Area C36 - Metropolitan Southwest

Lot Size Units Square Feet

Lot Size Square Feet 12423

Carport Spaces 14

Carport Y/N true

Listing Terms Conventional

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 350

Water Sewer Expense 325

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 259

Virtual Tour https://www.youtube.com/watch?v=VVt3YHgNIeU

Property Sub Type Additional Mixed Use

Interior

Total Stories 1

Common Walls No Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 14

Lot Size Area 12423

Number of Buildings 3

Building Area Total 2376

Lot Size Acres 0.2852

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Keller Williams Coastal Prop.

Broker

info@colombocre.com

Affordability Calculator

$6,065

Per Month

Monthly Principal & Interest: $6,065
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,878,090

Percent of Sale Price 91%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/13/2026	$985,000		Listed Price

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239 W 113th, Los Angeles, CA, 90061 is a Multi-Family Home for sale at $985,000 with 2,376 sqft and a lot size of 0.2852. 239 W 113th is a studio with 0.0 baths and was built in 1924. The property's zip code is 90061 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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239 W 113th

Multi-Family Home for sale in Los Angeles, CA

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