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907 109th Place
Los Angeles, CA 90059
Sold
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)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $720
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/09/2023 | Active Under Contract | $675,000 |
| 05/19/2023 | Listed | $675,000 |
Topfind Realty
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(844)-333-8033
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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.
