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.
Sold for $785,000
$785,000
224 W 101st St, Los Angeles, CA 90003
6beds
3baths
1,584sqft
Multi Family
Built in 1945
-- sqft lot
$790,500 Zestimate®
$496/sqft
$2,594 Estimated rent
Home value
$790,500
$719,000 - $870,000
$2,594/mo
Zestimate® history
Owner options
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$2,594/mo
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$2,594/mo
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$4,967/mo
Est. payment
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$4,967/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Taylor Avakian DRE # 02060040 916-996-4421,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Bought with:
Dominique Vescuso, DRE # 01815794
Your Home Imagined, Inc.
Source: CLAW,MLS#: 25596833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Garage - 3 Car
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 8,110 Square Feet
Details
- Additional structures: Accessory Bldgs
- Parcel number: 6053025006
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1945
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $496/sqft
- Tax assessed value: $755,898
- Annual tax amount: $10,018
- Date on market: 9/24/2025
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Listing removed | $2,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2026 | Listed for rent | $2,600+18.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2025 | Sold | $785,000$496/sqft |
Source:  CLAW #25596833 Report a problem | ||
| 11/17/2025 | Contingent | $785,000$496/sqft |
Source: CLAW #25596833 Report a problem | ||
| 11/3/2025 | Price change | $785,000-1.3%$496/sqft |
Source: CLAW #25596833 Report a problem | ||
| 9/24/2025 | Listed for sale | $795,000+12.8%$502/sqft |
Source: CLAW #25596833 Report a problem | ||
| 6/18/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/21/2021 | Listed for rent | $2,200+10%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/28/2019 | Listing removed | $2,000$1/sqft |
Source: Go Section8 Report a problem | ||
| 7/27/2019 | Listed for rent | $2,000$1/sqft |
Source: Go Section8 Report a problem | ||
| 7/25/2019 | Sold | $705,000+66.9%$445/sqft |
Source: Public Record Report a problem | ||
| 4/5/2019 | Sold | $422,500+6.3%$267/sqft |
Source:  CLAW #19432770 Report a problem | ||
| 2/21/2019 | Pending sale | $397,500$251/sqft |
Source: Dolce & Associates #19432770 Report a problem | ||
| 2/9/2019 | Listed for sale | $397,500$251/sqft |
Source: Dolce & Associates #19432770 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,018 +1.7% | $771,015 +2% |
| 2024 | $9,854 +1.9% | $755,898 +2% |
| 2023 | $9,669 +4.7% | $741,078 +2% |
| 2022 | $9,237 +1.3% | $726,548 +2% |
| 2021 | $9,122 -0.9% | $712,303 +1% |
| 2020 | $9,209 | $705,000 +2011.2% |
| 2019 | $9,209 +784.8% | $33,393 +2% |
| 2018 | $1,041 | $32,739 +2% |
| 2017 | $1,041 +2.1% | $32,098 +2% |
| 2016 | $1,020 +4.1% | $31,470 +1.5% |
| 2015 | $979 -0.1% | $30,998 +2% |
| 2014 | $980 | $30,391 +2.5% |
| 2012 | -- | $29,662 +2% |
| 2011 | -- | $29,081 +0.7% |
| 2010 | -- | $28,865 -0.2% |
| 2009 | -- | $28,935 +2% |
| 2008 | -- | $28,369 +2% |
| 2007 | -- | $27,813 +2% |
| 2006 | -- | $27,268 |
| 2005 | -- | $27,268 +4% |
| 2004 | -- | $26,210 +1.9% |
| 2003 | -- | $25,731 +2% |
| 2002 | -- | $25,227 +4% |
| 2000 | -- | $24,249 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 6/10One Hundred Seventh Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 0.8 mi
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Estimated market value
$790,500
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Estimated market value
$790,500
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