147 - 149 E 105th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
147 - 149 E 105th Street
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 147 - 149 E 105th Street, Los Angeles, California 90003 is currently available with a list price of $1,050,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2014, this property fits the 'good' criteria as it is between 10 and 20 years old and remains move-in ready. The listing describes quality interior features including granite countertops and solid wood cabinets, along with modern dual-pane windows and central heating. While the exterior landscaping and stucco show minor signs of age and wear typical of a rental property, the overall construction is modern and well-maintained without the need for immediate major renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2014, this duplex is significantly newer than the typical multi-family inventory in the area, offering lower maintenance costs and modern building code compliance.
- Strong Rental Income
The property generates a robust gross annual income of $93,300 with an estimated 5.4% Cap Rate, providing immediate cash flow for investors.
- Optimal Unit Configuration
The front-and-back layout ensures no tenants are living above or below one another, providing a detached-style living experience that commands higher tenant desirability.
CONSRISKS & DEFICIENCIES
- Insufficient Parking Ratio
A 3-car garage for two 5-bedroom units is likely inadequate for the number of potential occupants, which may lead to street parking congestion.
- High Operating Expenses
The significant spread between the $93,300 gross income and $57,000 net income suggests a high expense ratio that requires careful due diligence.
- Lack of Cooling System
While the property features central heating, the absence of a central cooling system may be a drawback for tenants during increasingly warm Los Angeles summers.
About 147 - 149 E 105th Street
Ocean Development new construction duplex built in 2014. Each unit includes over 1,600 sq ft of living space with 5 bedrooms and 3 baths. One unit leased at $3,850 per month, and the second unit is leased at $3,925 per month. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 3 car garage. We feel this is the best investment property opportunity in the area combining year built, quality of construction, location, superior features, and attractive rental income. Actual gross rental annual income: $93,300. Estimated Net annual rental income: $57,000. Estimated Cap Rate: 5.4%. Estimated 11.25 GRM.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2014
- Lot Size
- 5,400 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,306 | 1,907 | 79% |
| Lot Size | 5,400 | 5,206 | 74% |
| Price | $1.05M | $770.0K | 79% |
| Price per sq ft | $318 | $360 | 31% |
| Built year | 2014 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 204 | 5% |
Pricing History
Listed for Sale
Jan 9, 2026
$1,050,000
Initial Listing