1035 W 107th, Los Angeles, CA 90044
1035 W 107th, Los Angeles, CA 90044
1035 W 107th, Los Angeles, CA 90044
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Daniel Howard

Daniel Howard

+1(424) 218-9860
$1,299,000
Est. payment /mo
9,212 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26180974

HOA Y/N No

Year Built 1904

Lot Size 9,212 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Water Heater, Range Hood

Laundry Common Area

Exterior

Fence Wrought Iron

Pool None

Community Features Curbs

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

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Front Yard, Near Public Transit, Rectangular Lot

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Ranch

New Construction No

Others

Senior Community No

Tax ID 6060016016

Security Features Smoke Detector(s),Window Bars

Energy Description 650.0

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by CYNTHIA RODRIGUEZ CITY LIGHTS REALTY 562-318-6965, DRE #01328324

Nearby School & Business

Daniel Howard
Daniel Howard

Realtor | License ID: 01880426

+1(424) 218-9860 | danielmakesithappen@gmail.com

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