224 West 101st Street Los Angeles, CA $ 785,000
224 West 101st Street
$ 785,000
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224 West 101st Street

Los Angeles, CA, 90003
$ 785,000
Baths0.0 Sq 1,584

Monthly Estimate*

$ 4,897

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $785,000. This 1,584 square foot home was built in 1945 on a lot size of 0.19.

224 W 101st St | 3-Unit Multifamily in South Los Angeles. Built in 1923, the property consists of three well-laid-out 2-bed / 1-bath units totaling 1,584 SF on a generous 8,102 SF LAR2 lot. One unit will be delivered vacant at close, creating immediate lease-up or owner-user potential. Two occupied units benefit from Section 8 tenancy, ensuring reliable collections. Priced at $785,000 (~$262K per unit / $496 per SF), the property offers a 7.9% current cap rate and an impressive 9.11% pro forma, with ~56% rental upside available in a neighborhood experiencing steady renter demand and strong transit connectivity.

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Multi-Family Contingent

Price

$ 785,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.19

Year Built

1945

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025596833

Features
General
Living Area 1584.0
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR2
Year Built 1945
Tenant Pays Electricity Gas
Levels One
County Los Angeles
Net Operating Income 58364.3
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Senior Community Y/N No
MLS Area Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 8102.0
Standard Status Active Under Contract
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Exterior
Parking Features Driveway
Lot Size Area 8102.0
Pool Y/N? Yes
Building Area Total 1584.0
Lot Size Acres 0.19
Land Lease Type Fee
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Interior
Total Stories 0
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$4,897
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,897
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$785,000 -1.26% Price Down
9/25/2025$795,000 Listed Price

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224 West 101st Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $785,000 with 1,584 sqft and a lot size of 0.19. 224 West 101st Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 90003 which is in Los Angeles, CA