1033-1035 W 107th St - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$1,470,000 USD
949-306-1175
1033-1035 W 107th St, Los Angeles, CA for Sale
$1,470,000 USD
Apartments - FOR SALE
1/4
null | 7.23% Cap Rate

1033-1035 W 107th St
Los Angeles, CA 90044
Westmont


HIGHLIGHTS

  • UNIT MIX: ONE 1+1, ONE 2+1, ONE 2+1 SFR, & TWO 3+2
  • HIGH CASH FLOW INVESTMENT ON CURRENT RENTS
  • ALL UNITS RECENTLY RENOVATED
  • LARGE PARKING AREA WITH SEVEN PARKING SPACES
  • SECURED ENTRY WITH WROUGHT IRON GATE
  • SEPERATELY METERED FOR GAS & ELECTRICITY

OVERVIEW

The unit mix consists of one 1+1 unit, one 2+1 unit, one 2+1 SFR unit, and two 3+2 units. The investment consists of approximately 4,540 of rentable square feet within two structures (four unit structure built in 1954 & SFR built in 1904) and is situated on an approximately 9,209 square foot parcel. Recent property upgrades include laminate flooring, updated plumbing & electrical, updated windows throughout, light fixtures, kitchen cabinets with quartz countertops, bathroom vanities, and bathtubs with tiled wall enclosures. The building amenities include secured entry with a wrought iron gate, seven on-site parking spaces, water heaters in each unit, and the property is separately metered for both gas & electricity. Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers is licensed real estate broker in the state of California.

FOR SALE DETAILS

PRICE

$1,470,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

5

PRICE/UNIT

$294,000

CAP RATE

7.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R320, L.A. County

APN/PARCEL ID

6060-016-016

ASK ABOUT THIS PROPERTY

Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

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Griffin WhiteBRC Advisors - BH, Inc.More Info
949-306-1175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.