224 W 101st Street, Los Angeles, CA 90003

About this property

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.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$785,000

Sold December 2025 · orig. $795,000, on market September 2025 · MLS #25596833 · Source: CRMLS

Listing Agent: Taylor Avakian · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Dominique Vescuso · Your Home Imagined, Inc.

$705,000

Sold July 2019 · listed $699,000, on market June 2019 · MLS #DW19134408 · Source: CRMLS

Listing Agent: Hector Moreno · Listing Office: Hector Moreno, Broker · Contact: 800-870-5242 · Bought with: Jeremy Howard · EMBARQ

$422,500

Sold April 2019 · listed $397,500, on market February 2019 · MLS #19432770 · Source: CRMLS

Listing Agent: Karen Dolce · Listing Office: Dolce & Associates · Contact: 310-390-9041 · Bought with: Karen Dolce · Dolce & Associates

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