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$ 799,999
Est. payment /mo
Active
907 E 109th Place Los Angeles, CA 90059
5 Beds
4,856 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25235005
Bedrooms 5
Lot Size 4,856 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 907 E 109th Place an incredible opportunity for investors seeking a solid asset in South Los Angeles. This duplex features two units: one 3-bedroom, 2-bath and one 2-bedroom, 1-bath With one of the lowest price points for income properties in the area, this is a smart entry into real estate investing or a great addition to an existing portfolio. Once the both unit is rented at market rate, the property is projected to generate a 4.75%-5% CAP rate , making it a strong performer. This is an excellent fit for either an owner-user looking to live in one unit and rent the other, or for a pure investor. The building spans 1,952 square feet on a 4,856 square foot lot, zoned LAR2. Priced very aggressive, this is one of the most affordable multi-unit options in the neighborhooddont miss out!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of Avalon Blvd and Imperial Hwy
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6071016011
Listed by William Aquino Century 21 LOTUS
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