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$985,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 239 W 113th

General

  • Price: $985,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26079160
  • Updated: 4/13/2026
  • Days on Market: 22 days
  • Added to Site: 23 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Location

  • Area: C36 - Metropolitan Southwest
  • County: Los Angeles
  • Development Name: C36 - Metropolitan Southwest
  • Driving Directions: S Broadway and Imperial Hwy

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: 1
  • Square Feet: 2,376
  • Year Built: 1924

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.2852
  • Lot Size (Sq. Ft.): 12,423
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $414.56
  • Price Per Unit: 164167

Listed by Keller Williams Coastal Prop., Alex Colombo

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Listing agent

— 239 W 113th —

  • Alex Colombo

    Keller Williams Coastal Prop.

310-978-7950

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 239 W 113th

School District:Los Angeles Unified School District
NameGradesDistance
Figueroa Street Elementary School
510 West 111th Street, Los Angeles, CA 90044
2-50.4 mi
Washington Primary Center School
860 West 112th Street, Los Angeles, CA 90044
K-10.8 mi
Samuel Gompers Middle School
234 East 112th Street, Los Angeles, CA 90061
7-80.4 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 239 W 113th Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$985,000
3.36%
MLS
12/16/2021
Sold
$953,000
—
Public Record
Get Price Alerts and Save Property
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 for 239 W 113th

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,667
2%
$1,011,331
4%
2023
$13,421
34%
$972,060
37%
2022
$9,999
1%
$708,255
2%
2021
$9,876
-1%
$694,369
1%
2020
$9,960
4%
$687,250
2%
2019
$9,606
2%
$673,775
2%
2018
$9,452
23%
$660,565
27%
2017
$7,688
17%
$520,000
21%
2016
$6,556
—
$430,000
—
2015
$6,539
7%
$430,000
12%
2014
$6,122
7%
$384,000
10%
2013
$5,699
—
$350,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Coastal Prop., Alex Colombo

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239 W 113th, Los Angeles, CA 90061 (MLS# PW26079160) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 239 W 113th is currently listed for $985,000 and was received on April 13, 2026. Want to learn more about 239 W 113th? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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