$4,295,000

825 108th Street, Los Angeles 90059

3

Beds

2

Baths

13,742

Square feet

14,387

Lot Size

22

# Of Units

Listing Agent
Hooman Emanuel - Keller Williams Studio City

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.

Facts & Features

MLS® # 24348907
Price $4,295,000
Bedrooms 3
Bathrooms 2.00
Square Footage 13,742
Lot Size 14,387
Year Built 1951
Type Residential Income
Status Active
# Of Units 22

Community Information

Address 825 108th Street
Area C37 - Metropolitan South
City Los Angeles
County Los Angeles
Zip Code 90059

Amenities

Parking Spaces 8
Parking Gated
Garages Gated
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Disposal, Microwave, Refrigerator
Heating Wall Furnace
Has Basement No
Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed January 18th, 2024
Days on Market 106
Zoning LAM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentHooman Emanuel
OfficeKeller Williams Studio City

Listing Map

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