825 East 108th Street Los Angeles, CA $ 4,250,000
825 East 108th Street
$ 4,250,000
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825 East 108th Street

Los Angeles, CA, 90059
$ 4,250,000
Baths0.0 Sq 13,742

Monthly Estimate*

$ 29,688

825 East 108th Street, Los Angeles, CA 90059 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,250,000. This 13,742 square foot home was built in 1951 on a lot size of 0.33.

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.

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Multi-Family Active

Price

$ 4,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.33

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024348907

Features
General
Heating Wall Furnace
Zoning LAM1
Year Built 1951
Levels Two
County Los Angeles
Net Operating Income 277814.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area Metropolitan South
Lot Size Square Feet 14387.0
Street Name 108th
Additional Parcels Y/N Yes
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Total Stories 2
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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Exterior
Lot Size Area 14387.0
Building Area Total 13742.0
Lot Size Acres 0.33
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Hooman Emanuel

Listing Agent

Keller Williams Studio City

Broker

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$29,688
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,688
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$4,250,000 -1.05% Price Down
2/26/2024$4,295,000 -2.28% Price Down
1/23/2024$4,395,000 Listed Price

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825 East 108th Street, Los Angeles, CA, 90059 is a Multi-Family Home for sale at $4,250,000 with 13,742 sqft and a lot size of 0.33. 825 East 108th Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 90059 which is in Los Angeles, CA