1249 W 107th Street

Los Angeles, CA 90044

  • 0 Bed(s)
  • 0 Bath(s)
  • 7,816 Sqft
  • 13412
    Sqft(Lot)
$2,000,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48760897

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1959
    • Building Area Total: 7,816

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3079
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 13412

  • Listing Price Information

    • Original List Price: 2,000,000
    • Listing Contract Date: 2025-02-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6060014024

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C36 - Metropolitan Southwest
    • Directions: North on Normandie to 107th Street, turn right
    • Zoning: LCR320U*
    • Source Property Type: Residential Income
    • Area: C36 - Metropolitan Southwest
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 66
    • Common Walls: 1 Common Wall
    • Property Condition: Updated/Remodeled
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Ground level with stairs/2
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/13/2025 @ 21:29

  • MLS: SR25038742
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 7,816 sqft, 13,412 sized lot, and 0 parking. are nearby neighborhoods.