This exceptional investment opportunity offers an impressive 8.42% 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. Can be sold as a package with 731 E. Jefferson Blvd. (Also 7 units offered at a high CAP Rate).
Details
MLS #
25506927
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1934
Days On Site
106
Listing Provided By
Coldwell Banker Realty | Danny Mahelka
Features
Bed(s)
9
Bath(s)
7
SQ Feet
3,098
Story(s)
1
Units
7
Building(s)
3
Zoning
LAR2
Acreage
0.21
Interior
Cooling
None
Cooling Yes / No
No
Appliances
Disposal, Gas Oven, Refrigerator
Exterior
Security Features
Gated Community
Construction Materials
Stucco
Foundation Details
Raised
Parking
Parking Features
On Street
Utilities
Sewer
Other
Location
Community Features
Gated
MLS Number: 25506927
Danny Mahelka – danny@lasold.net
Coldwell Banker Realty – (310) 777-6200
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