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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Dan Andrizzi

Dan Andrizzi

+1(805) 475-3736
$ 1,390,000
Est. payment | /mo

9 Beds

7 Baths

3,098 SqFt

Save
$ 1,390,000
Est. payment | /mo
Save

9 Beds

7 Baths

3,098 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,098 sqft

Price per Sqft $448

MLS Listing ID 25586923

Bedrooms 9

HOA Y/N No

Year Built 1934

Lot Size 9,029 Sqft

Property Description

This exceptional investment opportunity offers an impressive 8.76% cap rate on fully rented current income, making it a turnkey, high-yield asset in one of Los Angeles's 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 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.

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 One Space, On Street, Uncovered

Pool None

Community Features Gated

Total Parking Spaces 7

Private Pool No

Building

Lot Description Lawn, Yard

Story 2

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6061033009

Security Features Gated Community

Special Listing Condition Standard

CRMLS – RECore
Listed by Danny Mahelka Coldwell Banker Realty

GET MORE INFORMATION

Dan Andrizzi
Dan Andrizzi

Broker-Associate | Lic# 01440387

+1(805) 475-3736

971 South Westlake Boulevard, Suite # 100, Village, CA

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432 W 107th ST