1101 W 45th St | 20-Unit Studio Asset with Scale in South LA.1925 vintage, 20-unit multifamily on a 7,449 SF lot offering true operational scale in a high-demand South Los Angeles rental corridor near USC. The property features a simple, studio-only unit mix across 11,428 SF of rentable area ideal for efficient management and predictable cash flow. Two vacant units at close provide immediate lease-up at market rents, while in-place rents averaging ~$1,382 per unit remain below market, creating a clear, executable rent-to-market strategy without aggressive assumptions. Strong occupancy and diversified income across 20 units support downside protection throughout the hold.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 20
- Full Bathrooms: 1
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Wall
Land Info
- Lot Size Acres: 0.1707
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7435
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 20
- Unit Type: Studio
- Bedrooms in Unit-1: 0
- Total Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-1: 1
- Unit 1 Total Actual Rent: 33000
Rental Info
- Gross Income: 317014
- Gross Scheduled Income: 331632
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 7.42
- Directions: On the corner of W 45th St and S Kansas Ave
- Source Property Type: Residential Income
- Area: Los Angeles Southwest
- Source Neighborhood: Los Angeles Southwest
- Parcel Number: 5017-017-011
- Zoning: LAR1
Commercial Info
- Net Operating Income: 192806
- Operating Expense: 124208.4
Building and Construction
- Total Square Feet Living: 10792
- Year Built: 1925
- Levels: Multi Levels
- Living Area Source: Vendor Enhanced
- Property Age: 101
- Levels or Stories: 2
- Year Built Source: Vendor Enhanced
Accessibility Features
Home Features
- Other Equipment: Microwave