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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.

Features
: Wall Furnace
2
0
Additional Information
Keller Williams Studio City
0
CLW-X85467
CLW-X74052
Deboura
6051022033
: Standard
Two
32

Multi-Family For Sale

825 108th Street, Los Angeles, California 90059

13,742 Sqft
$4,250,000
Listing ID #24430823
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24430823
Price : $4,250,000
Living Area : 13,742 Sqft
Lot Size : 14,387 Sqft
Year Built : 1951
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90059
Price Per Square Foot : $309
ModificationTimestamp : 2024-08-30 06:46:55
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