For more information regarding the value of a property, please contact us for a free consultation.
432 W 107th ST Los Angeles, CA 90003
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,285,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,098 sqft
Price per Sqft $414
MLS Listing ID 25586923
Bedrooms 9
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
Exterior
Parking Features One Space, On Street, Uncovered
Pool None
Community Features Gated
Building
Lot Description Lawn, Yard
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard
Read Less

Bought with Mason Canter Keller Williams Realty Los Feliz
GET MORE INFORMATION





