$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 #SR25038742
Price change
$2,699,000
-3.61%
02/28/2025

CRMLS #SR25038742
Listed
$2,799,999
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Street Lights, Sidewalks
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

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