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$785,000
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Property Description
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.
Full Property Details
Full Property Details for 224 W 101st St
General
- Sold For: $785,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25596833
- Added to Site: 115 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Accessory Bldgs
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Driveway, Garage - 3 Car
Location
- Area: Metropolitan South
- County: Los Angeles
- Driving Directions: Near W Century Blvd and 101st Street
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Structural Information
- # Buildings: 3
- Stories/Levels: 0
- Square Feet: 1,584
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1945
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Accessory Bldgs
Lot Features
- Lot Size (Acres): 0.1862
- Lot Size: 8102
- Lot Size Source: Owner
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $495.58
- Assessment Year: 1945
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6053-025-006
Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian
Sold by Your Home Imagined, Inc., Dominique Vescuso
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Schools
Schools serving 224 W 101st St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
One Hundred Seventh Street Elementary School 147 East 107th Street, Los Angeles, CA 90003 | PK-5 | 0.4 mi |
Samuel Gompers Middle School 234 East 112th Street, Los Angeles, CA 90061 | 7-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 W 101st St
Date
Details
Price
Change
Source
12/18/2025
Sold
$785,000
—
MLS
11/03/2025
Price Reduced
$785,000
-1.26%
MLS
9/24/2025
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
224 W 101st St, Los Angeles, CA 90003 (MLS# 25596833) is a Multi-Family property that was sold at $785,000 on December 18, 2025. Want to learn more about 224 W 101st St? Do you have questions about finding other 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.

