CA > Los Angeles
Los Angeles, CA 90059,907 E 109th Place
Los Angeles, CA 90059,907 E 109th Place
Los Angeles, CA 90059,907 E 109th Place
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$849,999
Est. payment /mo
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5 Beds
3 Baths
4,856 Sqft Lot
Active

907 E 109th Place Los Angeles, CA 90059

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25091826

Bedrooms 5

HOA Y/N No

Lot Size 4,856 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to 907 E 109th Place an incredible opportunity for investors seeking a solid asset in South Los Angeles. This duplex features two units: one 3-bedroom, 2-bath and one 2-bedroom, 1-bath With one of the lowest price points for income properties in the area, this is a smart entry into real estate investing or a great addition to an existing portfolio. Once the both unit is rented at market rate, the property is projected to generate a 4.75%-5% CAP rate , making it a strong performer. This is an excellent fit for either an owner-user looking to live in one unit and rent the other, or for a pure investor. The building spans 1,952 square feet on a 4,856 square foot lot, zoned LAR2. Priced very aggressive, this is one of the most affordable multi-unit options in the neighborhooddont miss out!
Welcome to 907 E 109th Place an incredible opportunity for investors seeking a solid asset in South Los Angeles. This duplex features two units: one 3-bedroom, 2-bath and one 2-bedroom, 1-bath With one of the lowest price points for income properties in the area, this is a smart entry into real estate investing or a great addition to an existing portfolio. Once the both unit is rented at market rate, the property is projected to generate a 4.75%-5% CAP rate , making it a strong performer. This is an excellent fit for either an owner-user looking to live in one unit and rent the other, or for a pure investor. The building spans 1,952 square feet on a 4,856 square foot lot, zoned LAR2. Priced very aggressive, this is one of the most affordable multi-unit options in the neighborhooddont miss out!

Location

State CA

County Los Angeles

Area Los Angeles (90059)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $49

Acceptable Financing Cash, Conventional, FHA

Space Rent $2,002

Listing Terms Cash, Conventional, FHA

San Diego Regional MLS (SDMLS)
Listed by William Aquino • Century 21 LOTUS

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agent

Jason Fogelman

Realtor / North County Regional Manager | CA DRE#01374456

+1(858) 204-4262

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