1035 W 107th St, Los Angeles, CA 90044
1035 W 107th St, Los Angeles, CA 90044
1035 W 107th St, Los Angeles, CA 90044
1035 W 107th St, Los Angeles, CA 90044
1035 W 107th St, Los Angeles, CA 90044
1035 W 107th St, Los Angeles, CA 90044
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$ 1,099,000
Est. payment | /mo

11 Beds

7 Baths

4,540 SqFt


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$ 1,099,000
Est. payment | /mo
Save

11 Beds

7 Baths

4,540 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,540 sqft

Price per Sqft $242

MLS Listing ID 26107150

Bedrooms 11

Year Built 1954

Lot Size 9,209 Sqft

Property Sub-Type Multi-Family

Property Description

We are pleased to offer this five unit investment opportunity, located in the County of Los Angeles. 1035 W. 107th Street is a five-unit multifamily investment property located in Los Angeles, California 90044. The property offers an attractive unit mix consisting of one one-bedroom, one-bathroom unit, one two-bedroom, one-bathroom unit, one two-bedroom, one-bathroom single family residence, and two three-bedroom, two-bathroom units. The improvements total approximately 4,540 rentable square feet and are situated on an approximately 9,209-square-foot parcel. The property consists of two structures, including a four-unit building constructed in 1954 and a single-family residence constructed in 1904. Additional amenities include secured entry with a wrought iron gate and seven on-site parking spaces. Offered at $1,099,000, the property represents an attractive multifamily investment opportunity with a stabilized 7.52 gross rent multiplier and a 9.02% capitalization rate. Recent property upgrades include laminate flooring, updated plumbing and electrical, updated windows throughout, modern light fixtures, kitchen cabinets with quartz countertops, updated bathroom vanities, and bathtubs with tiled wall enclosures. Each unit is equipped with its own water heater. The property is separately metered for gas and electricity, with the exception of Units 3A and 3C, which share gas and electric meters. With its attractive pricing, substantial lot size, recent capital improvements, and on-site parking, 1035 W. 107th Street offers investors a renovated, well-positioned asset with strong cash flow potential at full occupancy.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Ceiling Fan

Equipment Ceiling Fan

Exterior

Parking Features Driveway

Garage Spaces 7.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by BRC Advisors- BH

Schools and Properties Nearby

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1035 W 107th St