1212 W 107th Street, Los Angeles, CA 90044 - MLS#PW25165254

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$4,695,000

Est. payment - /mo

5 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25165254

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present 22 units located in the heart of Los Angeles. Priced to sell at 9.51 GRM, and 10.32% Cash on Cash Return! This opportunity has a proven track record of strong cash flow, stable tenancy, and consistent rent growth. Situated on an oversized 19,000 square foot lot, there is ample parking behind secure perimeter gates. The property consists of over 70% two-bedroom units, has laundry onsite that generates additional income, and also has a utility bill-back system in place to help increase recurring cash flow. The property boasts new windows, new paint, new landscape, new secure gates, a new central water heater, and a new solar water heating system to keep utility expenses at a minimum. Located around the corner from a popular elementary school, and five minutes from the 110 and 105 highways, the property is centrally located, 15 minutes from Manhattan Beach and LAX with many other amenities nearby. This is a great opportunity for a buyer looking to put minimal money down, and cash flow double digits from day-one, while still having almost over 13% upside in NOI.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 107th in-between Normandie & Vermont

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6076002020

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Listed by Shane Young Younglewin Advisors, Inc.

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

1212 W 107th Street Los Angeles, CA 90044

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION