CA > Los Angeles
Los Angeles, CA 90003,432 W 107th ST
Los Angeles, CA 90003,432 W 107th ST
Los Angeles, CA 90003,432 W 107th ST
Los Angeles, CA 90003,432 W 107th ST
Los Angeles, CA 90003,432 W 107th ST
Los Angeles, CA 90003,432 W 107th ST
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Shannon Petluck

Shannon Petluck

+1(949) 664-4349
$ 1,400,000
Est. payment | /mo

9 Beds

7 Baths

3,098 SqFt

Save
$ 1,400,000
Est. payment | /mo
Save

9 Beds

7 Baths

3,098 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,098 sqft

Price per Sqft $451

MLS Listing ID 25506927

Bedrooms 9

HOA Y/N No

Year Built 1934

Lot Size 9,029 Sqft

Property Description

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' 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 with 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).

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAR2

Interior

Cooling None

Fireplace No

Appliance Disposal, Gas Oven, Refrigerator

Exterior

Parking Features On Street

Pool None

Community Features Gated

Private Pool No

Building

Story 2

Entry Level One

Foundation Raised

Sewer Other

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6061033009

Security Features Gated Community

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Danny Mahelka • Coldwell Banker Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 664-4349

shannon@shannonlouis.com

4040 Barranca Pkwy # 150, Irvine, California, 92604, USA

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432 W 107th ST