1249 W 107th Street, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties

1249 W 107th Street, Los Angeles, CA 90044

$2,699,000 Approx. USD 0 beds, 0 baths

Listing Agent


Gayle Goode | Ggmicah.gg@gmail.com
Lic#: 02239558
Broker: Courtesy of Branch-Hughes, Angela

Agent Remarks

Drive by only! Introducing, for the first time on market in over 20 years, the opportunity to purchase this investment opportunity consists of 8 one bedroom + one bath units and 4 two bedroom + one bath units. Ten of the units are section 8. Tenants enjoy onsite laundry and parking for each unit and a close proximity to the 110 and 105 freeways as well as the metro A and C lines. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25038742
List price is $2,699,000 Reduced by $100,999 on 3/21/2025
Price: $2,699,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1959
2 stories
0.31 acres
Lot size: 0.3079
County: Los Angeles
Zoning: LCR320U*
Parking description: Carport
Lot description: ZeroToOneUnitAcre
MLS area: C36 - Metropolitan Southwest

Last Updated: 3/21/2025

 Days On Market (DOM): 44

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.939190, -118.298005.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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