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$4,295,000
107 Days Online

825 E 108th Street
Los Angeles, CA 90059

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Hooman Emanuel of Keller Williams Studio City ?

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310-902-7214
825 E 108th Street825 E 108th Street825 E 108th Street825 E 108th Street
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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.

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Listing Snapshot
Price 
$4,295,000
Days Online 
107 Days
Bedrooms 
39
Inside Area (SqFt) 
13,742 sqft
Total Baths 
22
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3303 Acres
Year Built 
1951
MLS® Number 
24348907
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $4,295,000
4 months agoListing first seen online
General Features
Parking 
Gated
Parking Spaces 
8
Number of Stories 
2
Acreage 
0.3303
Zoning 
LAM1
Listing Conditions 
Standard
Interior Features
Heating 
Wall Furnace
Appliances 
DishwasherDisposalMicrowaveRefrigerator
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Community Features
Senior Community 
No
MLS Area 
C37 - Metropolitan South


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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