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$2,699,000

Beds
Unknown
sq ft
Unknown

1249 W 107th St, Los Angeles, CA 90044

1249 W 107th St

Los Angeles, CA 90044

  • 32 days on market
    • Price drop $100,999↓
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.

Details

Property type

Apartment

Property condition

Updated/Remodeled

Lot size

0.3079 acres

Price per sq ft

Unknown

Year built

1959

HOA

No

Price History

03/21/2025
CRMLS

CRMLS #SR25038742

Price change
$2,699,000
-3.61%
02/28/2025
CRMLS

CRMLS #SR25038742

Listed
$2,799,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Status: Active

Tomo last checked: 04/01/2025 at 1:10 PM

Listing updated: 03/21/2025 at 12:00 PM

Listed by: Gayle Goode, Branch-Hughes, Angela Phone #: (818) 266-2133

MLS: CRMLS #SR25038742

CRMLS logo

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