1249 W 107th ST Active

Los Angeles,CA 90044

$ 2799999

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25038742

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1959

Lot Size 0.308 Acres

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Pool None

Community Features Curbs,Gutter(s),Street Lights,Sidewalks

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 6060014024

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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