United StatesCaliforniaLos AngelesSouth Los Angeles1249 West 107th Street

1249 West 107th Street 1249 West 107th Street Los Angeles, California 90044 United States

$2,000,000
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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....

Branch-Hughes, Angela

Listing Courtesy of Branch-Hughes, Angela
$2,000,000
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1,255 m²
Exterior
Residential Income
Property type
1959
Year Built
SR25038742
Web Id
SR25038742
MLS ID
Los Angeles Unified
School District
76
days ago

About 1249 West 107th Street

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.

Listing Courtesy of Branch-Hughes, Angela

features

Parking
Car Port
Community
Sidewalks

PROPERTY INFORMATION

Community Info
Curbs, Gutters, StreetLights, Sidewalks
Garage Info
0
Parking Description
Carport
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
ZeroToOneUnitAcre

ADDITIONAL INFORMATION

Number of Units
12
Listing Courtesy of Branch-Hughes, Angela

Branch-Hughes, Angela

Listing Courtesy of Branch-Hughes, Angela
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