432 W 107th St - Apartments FOR SALE


Los Angeles, CA 90003- South Central LA
$1,400,000 USD
310-887-0220
432 W 107th St, Los Angeles, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/22
null | 8.42% Cap Rate

432 W 107th St
Los Angeles, CA 90003
South Central LA


HIGHLIGHTS

  • Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space
  • gated 9,110 sq. ft. lot, the property includes outdoor common areas for residents to enjoy
  • Positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown

OVERVIEW

This exceptional investment opportunity offers an impressive 8.42% cap rate on fully rented current income, making it a turnkey, high-yield asset in one of Los Angeles’s most dynamic rental markets. Located at 432 W. 107th St., Los Angeles, this professionally managed and well-maintained property features seven recently renovated units, including two 2-bed/1-bath and five 1-bed/1-bath apartments, all individually metered for gas and electricity, allowing tenants to cover their own utilities. Situated on a secure, gated 9,110 sq. ft. lot, with potential to add an ADU or two and have outdoor common areas for tenants to enjoy. Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space. Conveniently positioned near major employment hubs, this property provides tenants easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405 and public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investor's portfolio. Can be sold as a package with 731 E. Jefferson Blvd. (Also 7 units offered at a high CAP Rate).

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

7

PRICE/UNIT

$200,000

CAP RATE

8.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAR2

APN/PARCEL ID

6061-033-009

ASK ABOUT THIS PROPERTY

Danny MahelkaColdwell Banker Commercial RealtyMore Info
310-887-0220

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Danny MahelkaColdwell Banker Commercial RealtyMore Info
310-887-0220

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