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$4,250,000
39 bed
13,742 Sqft
14,387 Sqft lot

825 E 108th Street, Los Angeles, California 90059

  • Residential Income Property Type
  • 121 Days Time on market
  • $309 Price per sqft
  • 1951 Year Built
Property 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.

Basic Details
Residential Income
Buy
24348907
$4,250,000
39
13,742 Sqft
1951
14,387 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Dishwasher, Disposal, Microwave, Refrigerator
8
$0
Address
CA
Los Angeles
Los Angeles
90059
825 E 108th Street
825
Street
0
W119° 44' 24.9''
N33° 56' 18.8''
E
Additional Information
121
2
2
22
: Two
13,742 Sqft
0 Sqft
0 Sqft
: Other
0.33 Sqft
14,387 Sqft
1
0 Sqft
LAM1
6051022033
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
18/01/2024 11:17:21
$4,295,000
: Standard
North of Imperial Hwy East of Avalon Blvd
Destrahan
Harry Hurst
Keller Williams Studio City
Hooman Emanuel
CLW-X74052
CLW-X85465
$0
6.47
1
1
1
0
0
1
3
22
414131
US-06037-N-6051022033-R-N
18/01/2024 19:24:34
108th
C37 - Metropolitan South
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