442 112th St W · Los Angeles, CA 90061

$795,000

24 bd · 22.0 ba · 3,360 sqft · MultiFamily · 220 Days on market

Built 1960 Fair condition 6,720 sqft lot $237/sqft · 17% below area Est $954k · 17% under ↓ 6% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.2/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

Price Reduction!!!!!Fourplex Property with Mixed-Use Potential | Zoned LAR3, Fantastic investment opportunity! This corner-lot fourplex features three residential units—each a spacious two-story, 2-bedroom, 1.5-bathroom layout—all currently occupied, plus a street-front commercial unit along Figueroa Street that will be delivered vacant (previously a flower shop). The property offers strong upside potential thanks to below-market rents and the opportunity to add value through improvements. A large backyard with alley access provides additional flexibility for parking or future enhancements. Perfectly situated just off the I-110 and 105 (Imperial Highway), this property is minutes from Figueroa Elementary School, public transportation, Downtown Los Angeles, Inglewood’s SoFi Stadium, and Southern California’s world-famous beaches. Don’t miss this opportunity to own a prime income property in the heart of Los Angeles—ideal for investors seeking long-term growth, redevelopment potential, or mixed-use income opportunities.

Key facts

• Zoned lar3
• Alley access
• Large backyard

Tags

• ZONED LAR3
• CORNER-LOT FOURPLEX
• STREET-FRONT COMMERCIAL UNIT
• LARGE BACKYARD
• ALLEY ACCESS
• PUBLIC TRANSPORTATION

What this means for you Summary

Snapshot

• This is a 3×2bd/1.5ba + 1×?bd/?ba units multifamily listed at $795k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $3k ($33k/yr) — positive. Per door: $695/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $795k).
• Recommended offer: $700k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 36 active listings in the ZIP; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $10,475/mo this rent would consume 206% of the median local household income ($61k/yr) (locally 1975% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $24k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $223k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 220 days — a 12% lower offer ($700k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $54k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $699,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 220 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.32% ✓
• Cap rate: 10.49%
• Cash-on-cash: 14.99%
• DSCR: 1.67
• GRM: 6.3

CMA / ARV

• ARV (median comp): $954,368
• List price: $795,000
• Delta: -16.70%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
409 E 104th	0.64mi	24/12.0	3,540 (+5%)	6mo	$1,375,000	$388	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 5.6%
• Equity multiple: 1.22×
• Total profit: $48,469
• Equity at exit: $118,537

10-year hold

• IRR: 15.0%
• Equity multiple: 2.22×
• Total profit: $270,938
• Equity at exit: $68,737

Cash invested: $222,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90061

• Active inventory: 36
• Price-to-rent: 24.9×

Monthly cashflow live

• Estimated rent: $10,475 high
• Mortgage (P&I): −$4,169
• Tax est. 1.5%: −$994 /mo · $11,925/yr
• Insurance: −$331
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,200
• Net cashflow: $2,781

Break-even live

Break-even rent $6,955

Max offer price $795,000

Occupancy floor 68%

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1.5	$7,980
1× unit	0	0	$2,494
Total (4 units)			$10,475

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $198,750
• Closing costs: $23,850
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-01-20
   price $795,000 1071-char remark

   Show marketing remark (1071 chars)

   Price Reduction!!!!!Fourplex Property with Mixed-Use Potential | Zoned LAR3, Fantastic investment opportunity! This corner-lot fourplex features three residential units—each a spacious two-story, 2-bedroom, 1.5-bathroom layout—all currently occupied, plus a street-front commercial unit along Figueroa Street that will be delivered vacant (previously a flower shop). The property offers strong upside potential thanks to below-market rents and the opportunity to add value through improvements. A large backyard with alley access provides additional flexibility for parking or future enhancements. Perfectly situated just off the I-110 and 105 (Imperial Highway), this property is minutes from Figueroa Elementary School, public transportation, Downtown Los Angeles, Inglewood’s SoFi Stadium, and Southern California’s world-famous beaches. Don’t miss this opportunity to own a prime income property in the heart of Los Angeles—ideal for investors seeking long-term growth, redevelopment potential, or mixed-use income opportunities.

2. 2025-10-21
   listed $849,000 Active 1071-char remark

   Show marketing remark (1071 chars)

   Price Reduction!!!!!Fourplex Property with Mixed-Use Potential | Zoned LAR3, Fantastic investment opportunity! This corner-lot fourplex features three residential units—each a spacious two-story, 2-bedroom, 1.5-bathroom layout—all currently occupied, plus a street-front commercial unit along Figueroa Street that will be delivered vacant (previously a flower shop). The property offers strong upside potential thanks to below-market rents and the opportunity to add value through improvements. A large backyard with alley access provides additional flexibility for parking or future enhancements. Perfectly situated just off the I-110 and 105 (Imperial Highway), this property is minutes from Figueroa Elementary School, public transportation, Downtown Los Angeles, Inglewood’s SoFi Stadium, and Southern California’s world-famous beaches. Don’t miss this opportunity to own a prime income property in the heart of Los Angeles—ideal for investors seeking long-term growth, redevelopment potential, or mixed-use income opportunities.

3. 2024-05-07
   historical
4. 2023-09-13
   listed $849,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥89°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $125,700
• − Mortgage interest: −$44,532
• − Property taxes: −$11,925
• − Insurance: −$3,975
• − Repairs & maintenance: −$10,056
• − Management: −$10,056
• − Depreciation: −$23,127
• Taxable income: $22,028
• Est. tax owed @ 24.0%: −$5,287
• After-tax cash flow: $28,087/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 7 photos

Fair 45/100 Moderate rehab

This fourplex requires significant repairs and maintenance, including repainting, re-roofing, and flooring replacement, to improve its condition and value.

Repairs flagged

• Major Exterior siding — Significant wear and tear
• Major Roof — Aged and showing signs of wear
• Major Flooring — Exposed subflooring suggests structural damage
• Major Paint — Painted walls appear dull and worn

Value-add opportunities

• Both Painting and repainting the exterior and interior — Enhances curb appeal and interior aesthetics
• Both Re-roofing — Improves structural integrity and enhances curb appeal
• Both Flooring replacement — Fixes structural damage and improves living conditions
• Both Landscaping and curb appeal improvements — Enhances property's visual appeal and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior siding · Significant wear and tear	Major	$15,000–50,000
Roof · Aged and showing signs of wear	Major	$15,000–50,000
Flooring · Exposed subflooring suggests structural damage	Major	$15,000–50,000
Paint · Painted walls appear dull and worn	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both Painting and repainting the exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Re-roofing — Improves structural integrity and enhances curb appeal ↑
• Both Flooring replacement — Fixes structural damage and improves living conditions ↑
• Both Landscaping and curb appeal improvements — Enhances property's visual appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 30,051
• Household income: $61,046
• Rent vs Own: 64.7% rent · 35.3% own
• Severe rent burden: 1975.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (70%)
• Race & ethnicity: Hispanic / Latino 70% Black 26% Two or more races 22% Native American 3% White 2%
• Hispanic origin (detail): Mexican 51%
• Common ancestry: British 1%
• Foreign-born: 32% · Canada, Jamaica
• Languages at home: 38% English-only · Spanish 61%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -528.07%
• Current HPI: 502.9923
• Rent YoY: —
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-6.4% since first listed

4 events — show timeline

• 2026-01-20 Price Changed $795,000 CRMLS
• 2025-10-21 Listed $849,000 CRMLS
• 2024-05-07 Listing Removed — CRMLS
• 2023-09-13 Listed $849,000 CRMLS