2 months on rocket

241 W 105th St, Los Angeles, CA, 90003

$1,950,000

Home List Price

$10,000*

Closing Credit

13 Baths
3,433 SqFt
$568/SqFt
House
Schools Nearby

Location

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241 W 105th St, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Year Built1986
MLS #24357107
Lot Size0.14 Acres
StatusActive

About 241 W 105th St

10424 S. Broadway is an investment opportunity located in South Los Angeles, conveniently situated in the high rental demand pocket between Century Blvd and Main Street. The strong cashflow and high yield property is offered at an attractive 7.03% CAP rate and 8.7 GRM on actual income, with 100% occupancy in the building. An investor can capture significant additional upside with the permit to add 3 large ADU units on the property, that will be delivered RTI. The ADU units are consisting of a two-bedroom/one-bathroom, a three-bedroom/one-bathroom, and a three-bedroom/two bathroom unit, which could bring north of an additional $9,400 per month once completed and rented. The 1986 built property does not fall within the city of Los Angeles rent control, and comes with renovated units, a new roof that was recently installed, and upgraded plumbing and electrical. The building has secured gated access with thirteen on-site parking spaces as well. The dense, infill location of South LA comes with an easy commute to Downtown Leimert Park and Mid-City with multiple Metro local lines and the Metro C rail line all nearby the property.

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 0
  • Living Area: 3,433 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Namigohar

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Animo Watts College Preparatory Academy, Public Charter Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Samuel Gompers Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • One Hundred Seventh Street Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Please contact listing agent for tours of the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $568/SqFt

Tax Information:

  • Annual Amount: $18,278
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

241 W 105th St vs Los Angeles

82 DAYS ON ROCKET

+48 Days

$1,950,000

+$963.5K More

$568/SqFt

-$64 Less

KEY TAKEAWAY

This property is $963.5K more than the Median Sold Price and $64/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24357107

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Namigohar

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2019Home Sold
$1,400,000
Feb 28, 2012Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,278$1,442,793
2020$8,656$1,428,000
2019$8,476$534,837
2018$8,287$524,351
2017$8,287$514,071

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5057307
3
/10

  • One Hundred Seventh Street Elementary School

  • 147 E 107th St

  • 0.30 miles

  • Public Magnet Grades KG-5

school-card-donut-5057308
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.63 miles

  • Public Magnet Grades KG-6

school-card-donut-5057309
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 15.70 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5057310
4
/10

  • Samuel Gompers Middle School

  • 234 E 112th St

  • 0.67 miles

  • Public District Grades 6-8

school-card-donut-5057311
4
/10

  • Studio

  • 2211 W Avenue 30

  • 11.53 miles

  • Public District Grades 6-8

High School

school-card-donut-5057312
2
/10

  • Animo Watts College Preparatory Academy

  • 12628 Avalon Blvd

  • 1.77 miles

  • Public Charter Grades 9-12

school-card-donut-5057313
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.65 miles

  • Public Magnet Grades 9-12

school-card-donut-5057314
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.53 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,875. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 241 W 105th St

What is the listing price of this property?

The listing price of 241 W 105th St property is $1,950,000.

What type of property is this?

The property 241 W 105th St is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 241 W 105th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 241 W 105th St are:
One Hundred Seventh Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Samuel Gompers Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Animo Watts College Preparatory Academy: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,278 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2019 for $1,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 241 W 105th St has 13 bathrooms..

What is the square footage of this property?

The property 241 W 105th St is 3,433 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 241 W 105th St is 1986.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›241 W 105th St

This home is located at 241 W 105th St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 3,433 square foot home, which was built in 1986, sits on a 0.14 acre lot. Features: 13 bathrooms. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $1,950,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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