156-158 E 101st St presents an attractive opportunity to acquire a 2-unit multifamily property in Los Angeles, offered at $999,999, reflecting a 6.01% current cap rate and 11.67 GRM. Built in 2018, the property features (2) spacious 5 Bed/3 Bath units, currently generating just over $7,000 in monthly scheduled rental income, along with 6 dedicated parking spaces. Offered at approximately $270 per SF, the property is priced well below replacement cost, providing an attractive basis for investors seeking strong in-place cash flow with limited maintenance requirements. The property is not subject to local or state rent control, providing the opportunity for future rental growth and increased income potential. Strategically located in Los Angeles, CA 90003, 156-158 E 101st St benefits from convenient access to major employment centers, retail corridors, and public transportation. The surrounding area continues to experience strong rental demand, making this an appealing opportunity for both current cash flow and long-term appreciation.
| MLS # | SB26216579 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 2018 |
| Days On Site | 25 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Aaron Jacobson |
| SQ Feet | 3,691 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Suburban, Sidewalks, Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $999,999 low | high Med: $691,500 sqft: 3,691 low | high Med: 1,154 $ / sqft: $271 low | high Med: $642 On site: 25 low | high Med: 136.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $999,999 low | high Med: $691,500 sqft: 3,691 low | high Med: 1,154 $ / sqft: $271 low | high Med: $642 On site: 25 low | high Med: 136.5 | |
![]() | $925,000125 E 104th StreetLos Angeles, CA 90003 |
![]() | $1,050,000330 E 101st StreetLos Angeles, CA 90003 |
![]() | $950,000330 1/2 E 99thLos Angeles, CA 90003 |
![]() | $1,150,000338 E 99thLos Angeles, CA 90003 |
![]() | $1,150,000338 E 99thLos Angeles, CA 90003 |