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Property Description

This exceptional investment opportunity offers an impressive 8.62% cap rate on fully rented current income, making it a turnkey, high-yield asset in one of Los Angeless most dynamic rental markets. Located at 432 W. 107th St., Los Angeles, this professionally managed and well-maintained property features seven recently renovated units, including two 2-bed/1-bath and five 1-bed/1-bath apartments, all individually metered for gas and electricity, allowing tenants to cover their own utilities. Situated on a secure, gated 9,110 sq. ft. lot, with potential to add an ADU or two and have outdoor common areas for tenants to enjoy. Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space. Conveniently positioned near major employment hubs, this property provides tenants easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, its close to some of LAs top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405 and public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investors portfolio. Can be sold as a package with 731 E. Jefferson Blvd. (Also 7 units offered at a high CAP Rate).

Los AngelesCalifornia
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USA
CA
Los Angeles
90003
90003

432 W 107th St

Los Angeles, California, 90003, United States

9 Bedrooms
3,098 Sqft
$1,390,000
Listing ID #1940130
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1940130
Ref ID : 87f0bc53-962e-477d-b880-95a7c93861bd
Price : $1,390,000
Bedrooms : 9
Square Footage : 3,098 Sqft
Lot Area : 9,029.99 Sqft
MLS : 25586923
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