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907 109th Place

Los Angeles, CA 90059

$632,500 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
1,952 Sq. Ft.
$346 / Sq. Ft.
Sold

907 109th Place

Los Angeles, CA 90059

Sold
$632,500 Sale Price
$0/mo
5
Bed
0
Bath
1,952
Sq. Ft.
907 E 109th Pl is an ideal investment opportunity for any buyer looking to invest in South Los Angeles. The property is comprised of (1) 3Bed/2Bath & (1) 2Bed+1Bath units, both of which currently have HUD tenants - guaranteed income! At one of the lowest price points for an income property, the subject property is the best way to enter the real estate market and grow your portfolio! Once the tenant/owner-user ready unit is rented for market the property will operate at a 4.75% CAP and 13.50 GRM. This is a fantastic investment opportunity or ideal situation for someone looking to owner occupy. This 1,952 square foot building is situated on a 4,856 square foot lot, zoned LAR2. This property is priced at only $337k/unit! This is one of the lowest price/units in the neighborhood.
PROPERTY INFORMATION
MLS # SB23087349 Lot Size 4,856 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 675,000
Price Per SqFt: $ 346
DOM 746 Days
Address 907 109th Place Type Residential Income
City Los Angeles Sq.Ft. 1,952 Sq. Ft.
Postal Code 90059 Garage N/A
County Los Angeles Year Built 1922
Bed / Bath 5 / 0 Parking N/A
Built In 1922 Status Closed
Sold Date 2023-09-26
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Inside
EntryLocation Front
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 46 (Car-Dependent)
  Transit Score: 58 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $720
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/09/2023 Active Under Contract $675,000
05/19/2023 Listed $675,000
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Listing provided courtesy of Cameron Samimi, 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.
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