1035 W 107th, Los Angeles, CA 90044
List Price: $1.3M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1904
Lot Size: 9,211 sq ft
Private Pool: Yes
MLS Number: MB26180974
About This Property
JUST LISTED! Exceptional 5-unit multifamily investment opportunity in Los Angeles, offered at $1,299,000. The property consists of two separate buildings featuring a completely renovated detached 2-bedroom, 1-bath single-family residence and a separate 4-unit apartment building. The detached residence is currently vacant and offers a private entrance, front yard, and 3-car parking. The 4-unit building features a 2-bedroom/1-bath unit currently leased at $2,100/month, a newly remodeled 3-bedroom/2-bath unit currently vacant, a newly renovated 1-bedroom/1-bath unit currently vacant, and a 3-bedroom/2-bath unit currently leased at $2,900/month. Three of the five units are currently vacant, providing an investor with immediate lease-up and income-growth potential. The property offers a desirable mix of 1-, 2-, and 3-bedroom units, renovated interiors, and approximately 7 parking spaces. Owner currently pays water and trash, while tenants generally pay their own gas and electricity. One occupied unit participates in the Section 8 program. Offered at $1,299,000, this property presents an excellent opportunity for an investor seeking a value-add multifamily asset with substantial upside through stabilization and lease-up.
Listing provided by: CYNTHIA RODRIGUEZ DRE #01328324 562-464-9744 BROKERCYNTHIARODRIGUEZ@GMAIL.COM, CITY LIGHTS REALTY
Source: CRMLS, MLS #: MB26180974
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