Metropolitan South (C37) Real Estate

Metropolitan South (C37) Real Estate

Welcome to the Metropolitan South region of Los Angeles, a vibrant and diverse area that perfectly encapsulates the essence of Southern California living. Nestled within the heart of LA County, this dynamic neighborhood is known for its rich cultural tapestry, bustling urban life, and an array of recreational opportunities.

Metropolitan South boasts a unique blend of residential, commercial, and entertainment spaces, making it an ideal destination for families, young professionals, and retirees alike. The region is characterized by its eclectic architecture, ranging from charming single-family homes to modern high-rise condos, catering to a variety of lifestyles and preferences.

One of the standout features of Metropolitan South is its accessibility. With major highways and public transportation options readily available, residents can easily navigate the city and explore nearby attractions, including iconic landmarks like the Hollywood Sign, Griffith Park, and the bustling downtown area. Plus, the proximity to the vibrant arts and entertainment scene means there's always something exciting happening just around the corner.

In addition to its urban appeal, Metropolitan South is home to numerous parks, recreational facilities, and community events that foster a strong sense of belonging. Families can enjoy weekends at local farmers' markets, while food enthusiasts can indulge in the diverse culinary offerings that reflect the region's multicultural heritage.

Whether you're looking to buy your first home, invest in a rental property, or simply explore a new neighborhood, Metropolitan South offers a captivating blend of convenience, culture, and community that truly makes it a gem within Los Angeles. Discover the charm of this remarkable region and find your perfect place to call home!

Newest Listings in Metropolitan South (C37)

$925,000
10 Beds 5 Baths 26961201 MLS Active Status
We are pleased to present 125 E 104th St, a five-unit multifamily property in the Green Meadows neighborhood of South Los Angeles. The property features a classic fourplex paired with a 2022-built ADU, comprised entirely of spacious 2-bedroom, 1-bathroom units. Offered at $925,000, the property represents an attractive entry point at approximately $185,000 per unit. Priced at a 9.08% CAP rate and 7.61 GRM based on current income, the property offers strong in-place cash flow with meaningful upside potential. Current HACLA Voucher Payment Standards support a potential 11.15% CAP rate and 6.48 GRM as units are leased to voucher holders over time. New ownership has two potential paths to increased income. Rents can be moved toward market as units turn over, or units may be leased to Section 8 voucher holders at HACLA payment standards that frequently meet or exceed market rents in this submarket. With HACLA emerging from shortfall status, voucher issuance resuming, and approximately 2,700 emergency voucher households expected to transition into the regular program this fall, the timing presents an opportunity for future rental upside. At just $185,000 per unit, the property offers one of the lower per-unit bases for a comparable income-producing asset in the market. The uniform unit mix and modern 2022 ADU provide strong occupancy potential, straightforward management, and lower near-term maintenance requirements. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, potentially making it an attractive candidate for a cost segregation study to accelerate depreciation deductions in the early years of ownership. Located in South Los Angeles, the property is positioned within a dense, high-demand rental corridor anchored by major employers including Martin Luther King Jr. Community Hospital. The property also offers convenient access to the 110 Harbor Freeway, 105 and 710 Freeways, and the Metro A (Blue) Line, located approximately one mile away.

125 E 104th Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.