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$1,050,000
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Property Description
1108 W 117th St presents a 7-unit multifamily investment opportunity in the Metro Southwest Los Angeles submarket. The property consists of six 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a desirable unit mix that supports consistent tenant demand. The building is fully occupied, providing stable in-place income with clear long-term upside potential. Current rents total approximately $9,216 per month, producing a trailing twelve-month NOI of approximately $70,285.54. The property offers an approximately 6.69% in-place cap rate, with additional long-term upside. Conveniently located with access to major transportation corridors, employment centers, shopping, and neighborhood amenities, the property benefits from strong rental demand in the surrounding area.
Full Property Details
Full Property Details for 1108 W 117th
General
- Price: $1,050,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: SB26046173
- Updated: 4/6/2026
- Days on Market: 40 days
- Added to Site: 41 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Berendo to 117th
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 5492
- Square Feet: 5,492
- Year Built: 1947
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.1943
- Useable Acres: .1943
- Lot Size (Sq. Ft.): 8,462
- Lot Size Source: Assessor
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $191
- Operating Expenses: $39,780
Disclosures and Reports
- Property ID: 6079018029
Listed by Compass, JesseDougherty
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Schools
Schools serving 1108 W 117th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
West Athens Elementary School 1110 West 119th Street, Los Angeles, CA 90044 | PK-5 | 0.2 mi |
George Washington Preparatory High School 10860 South Denker Avenue, Los Angeles, CA 90047 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1108 W 117th
Date
Details
Price
Change
Source
3/05/2026
Listed
$1,050,000
81.03%
MLS
9/29/2006
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1108 W 117th
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,916
3%
$777,063
4%
2023
$12,487
4%
$746,891
2%
2022
$12,008
1%
$732,247
2%
2021
$11,900
-1%
$717,890
1%
2020
$11,971
3%
$710,530
2%
2019
$11,596
2%
$696,599
2%
2018
$11,366
2%
$682,941
2%
2017
$11,135
3%
$669,551
2%
2016
$10,773
1%
$656,423
2%
2015
$10,626
—
$646,564
2%
2014
$10,648
1%
$633,899
—
2013
$10,576
—
$631,035
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1108 W 117th
1108 W 117th, Los Angeles, CA 90044 (MLS# SB26046173) is a Commercial Multi-Family property. 1108 W 117th is currently listed for $1,050,000 and was received on March 05, 2026. Want to learn more about 1108 W 117th? Do you have questions about finding other Commercial Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

