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1507 108th Street
Los Angeles, CA 90047
Sold
1507 108th Street
Los Angeles, CA 90047
Sold
1507 W 108th St is a value add 6 Unit property in an Unincorporated South Los Angeles. Priced at only $183,333/Unit and $226/Sq. Ft, This massive 4,863 Sq. Ft. Building gives an investor the opportunity for over 90% in rental upside. 1507 W 108th includes recent upgrades, such as a new roof and copper plumbing With the ability to add (2) ADUs (Buyer to verify), this investment opportunity is perfect for any investor looking at operating an 8 Unit building on a 16,669 Sq. Ft Lot. Highlighted by a 6-Bed/2-Bath unit that will be delivered tenant ready, this investment brings endless opportunity to immediately renovate and increase the current income. This property will operate above an 11% cap rate before even adding ADUs Minutes from new construction in quickly growing submarket of LA County and just minutes from Inglewood's new developments as well as new developments in Hawthorne.
PROPERTY INFORMATION
| MLS # | SB23109426 | Lot Size | 16,699 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,100,000
Price Per SqFt: $ 226 |
DOM | 685 Days |
| Address | 1507 108th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,863 Sq. Ft. |
| Postal Code | 90047 | Garage | 6 |
| County | Los Angeles | Year Built | 1954 |
| Bed / Bath | 12 / 0 | Parking | 6 |
| Built In | 1954 | Status | Closed |
| Sold Date | 2023-10-18 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | In Closet |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/18/2023 | Active Under Contract | $1,100,000 |
| 06/20/2023 | Listed | $1,100,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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. 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, 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.
