$4,250,000
Active
47 Days Online
39 Beds22 Baths13,742 SQFT
Active

825 E 108th Street Los Angeles, CA 90059

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825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusActive
  • MLS ID Number24430823
  • Home Size Source Other
  • Year Built1951
  • Lot Size0.3303 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Gated
  • Parking Spaces 8
  • Number of Stories 22
  • Acreage 0.3303
  • Zoning LAM1
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace
  • Appliances DishwasherDisposalMicrowaveRefrigerator

Community Features

  • Senior Community No
  • MLS Area C37 - Metropolitan South

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Monthly Payment (Est.)

$20,648
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