Los Angeles, CA 90003,432 W 107th Street
Los Angeles, CA 90003,432 W 107th Street
Los Angeles, CA 90003,432 W 107th Street
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$1,400,000
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3,098 SqFt
Active

432 W 107th Street Los Angeles, CA 90003

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,098 sqft

Price per Sqft $451

MLS Listing ID CL25506927

HOA Y/N No

Year Built 1934

Lot Size 9,029 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

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 commut

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Cooling None

Fireplace No

Exterior

Utilities Available Other Water/Sewer

Building

Water Other

New Construction No

Others

Tax ID 6061033009


Bridge MLS
Listed by Danny Mahelka • Coldwell Banker Realty

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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432 W 107th Street