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$ 799,999
Est. payment /mo
Price Dropped by $50K
907 E 109th PL Los Angeles, CA 90059
4,856 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25091826
HOA Y/N No
Year Built 1922
Lot Size 4,856 Sqft
Property Sub-Type Duplex
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 neighborhood—don't miss out!
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 neighborhood—don't miss out!
Location
State CA
County Los Angeles
Area Watt - Watts
Zoning LAR2
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6071016011
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Special Listing Condition Standard
Listed by William Aquino • Century 21 LOTUS • 424-240-4689
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