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1108 W 117th, Los Angeles, CA 90044

Commercial property · 2 recorded sales since 2026

1108 W 117th, Los Angeles, CA 90044 Sold July 2026 CRMLS
$870,000Sold July 2026

Listing Agent: Jesse Dougherty (DRE #01949609) · Listing Office: Compass · Contact: 310-995-4475 · Bought with: Mike Iryami · BRC Advisors- BH · MLS #SB26046173 · Source: CRMLS

5,492
Building Sq Ft
7
Units
6.69%
Cap Rate
$70,286
NOI
8,462 sqft
Lot Size
1947
Year Built
Commercial property
Type

How this sale compares

1108 W 117th sold for $870,000 in July 2026, 17% under its $1,050,000 list price, after 104 days on the market.

104
Days on market
−17%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

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.

Listing description from the July 2026 sale, as reported to CRMLS.

Sale history

$870,000
Sold July 2026 · listed $1,050,000, on market March 2026, 104 days on market · MLS #SB26046173 · Source: CRMLS
Listing Agent: Jesse Dougherty · Listing Office: Compass · Contact: 310-995-4475 · Bought with: Mike Iryami · BRC Advisors- BH
$870,000
Sold July 2026 · listed $1,050,000, on market March 2026, 97 days on market · MLS #SB26046174 · Source: CRMLS
Listing Agent: Jesse Dougherty · Listing Office: Compass · Contact: 310-995-4475 · Bought with: Mike Iryami · BRC Advisors- BH
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