907 E 109th Place Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90059
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25091826
Bedrooms 5
HOA Y/N No
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!
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
Area Los Angeles (90059)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $49
Acceptable Financing Cash,Conventional,FHA
Space Rent $2,002
Listing Terms Cash,Conventional,FHA