825 E 108Th Street

Los Angeles, CA 90059

$4,250,000

List Price

39

bed Beds

22

shower Baths

13,742 sqft

straighten / sqft

1951

calendar_month Built

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.

Listing Information

List Price $4,250,000
Status Active
MLS 24430823
Type Residential Income
Year Built 1951
Lot Size 14,387
Structure Size 13,742
DOM 104
Courtesy Of Keller Williams Studio City
Listing Agent Deboura Emanuel DRE#01367535
Co-Listing Agent Hooman Emanuel DRE#01200237

Interior Features

Total Bedroom
Bedrooms 39
Total Bathroom
Bathrooms 22

Exterior Information

Maps

Listing information courtesy of: Deboura Emanuel, Hooman Emanuel, Keller Williams Studio City 310-505-2198. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:57 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.