825 108th Street, Los Angeles, CA 90059
  • MLS#: 24430823 ( )
  • Street Address: 825 108th Street
  • Viewed: 3
  • Price: $4,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1951
  • Bldg sqft: 0
  • Days On Market: 150
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90059
  • Provided by: Keller Williams Studio City
  • Contact: Deboura Deboura
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
  4. Refrigerator
Building Area Total
  1. 13742.00
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 277814.00
Parcel Number
  1. 6051022033
Parking Features
  1. Gated
Postalcodeplus4
  1. 1031
Sourcesystemkey
  1. 24-430823:CLAW
Totalexpenses
  1. 123893.00
Year Built
  1. 1951
Zoning
  1. LAM1