1249 W 107th Street, Los Angeles, California 90044
- $2,000,000
- $2,599,000
- $2,000,000
- $2,599,000
Overview
- Apartment, Residential Income
- 7816 Sqft
- 1959
Description
Drive by only! Introducing, for the first time on market in over 20 years, the opportunity to purchase this investment opportunity consists of 8 one bedroom + one bath units and 4 two bedroom + one bath units. Ten of the units are section 8. Tenants enjoy onsite laundry and parking for each unit and a close proximity to the 110 and 105 freeways as well as the metro A and C lines. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period.
Address
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Address: 1249 W 107th Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90044
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Country: US
Details
Updated on June 6, 2025 at 5:34 pm-
Property ID SR25038742
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Price $2,000,000
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Property Size 7816 Sqft
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Land Area 0.3079 Acres
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Year Built 1959
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Carport
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Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Mortgage Calculator
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Down Payment
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Property Tax
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Monthly HOA Fees