Just Closed: 1604-1606 W 105th St. | South LA Multifamily Sale
Another South LA deal closed—despite market uncertainty. Here’s how we got it done.
This 4-unit property at 1604-1606 W 105th St. sold for $740,000, proving that well-positioned multifamily assets are still attracting serious buyers in today’s shifting market.
The Challenges
Selling in South LA comes with its own set of hurdles. For this property, we had to navigate:
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Market Uncertainty – With rising interest rates and cautious investors, getting strong offers required a precise strategy.
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Buyer Selectivity – Investors are focusing on properties with stable cash flow and upside potential.
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Tight Timeline – The seller needed a smooth, timely closing without unnecessary delays.
How We Got It Sold
We tackled these challenges head-on with a strategic approach:
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Pricing It Right – We set a competitive price based on real-time market data to attract serious buyers.
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Targeted Marketing – A mix of digital and direct outreach ensured maximum visibility among qualified investors.
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Proactive Deal Management – We stayed ahead of potential roadblocks, keeping negotiations smooth and the deal on track.
The Results
✅ Sold for $740,000
✅ Closed in 60 days
✅ 6.46% Cap Rate and 9.54 GRM
✅ 7th South LA multifamily closing in 6 months
Thinking About Selling?
The South LA apartment market is still moving—but having the right strategy is key. If you’re considering selling, let’s run the numbers and explore your options. We can provide:
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1031 Exchange opportunities to optimize your portfolio
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A sell vs. hold analysis tailored to current market conditions
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An accurate property valuation based on real-time data
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Exclusive access to off-market multifamily investment opportunities
Every investment decision should be backed by data and expertise — contact us today to discuss how we can help you achieve a successful sale.
📱 916-996-4421
📧 taylor@thegroupcre.com
Taylor Avakian is a multifamily investment expert and the host of No Vacancy, a podcast dedicated to exploring the latest trends, strategies, and insights in the real estate market. As the founder of The Group CRE, Taylor specializes in helping landlords and investors navigate the complexities of multifamily ownership in Los Angeles.