825 E 108th St Los Angeles, CA 90059

Price
$4,250,000
Listed On
Type
For Sale
Status
Active
825 E 108th St, Los Angeles, CA 90059
825 E 108th St, Los Angeles, CA 90059
825 E 108th St, Los Angeles, CA 90059
825 E 108th St, Los Angeles, CA 90059
825 E 108th St, Los Angeles, CA 90059
825 E 108th St, Los Angeles, CA 90059
39 Beds
13742 sqft
Asking  $4,250,000

Snapshot

Property Type
Other
Lot Size
0.33 acres
Property Sqft
13,742
MLS Number
24-348907
Year Built
1951
Days On Market

Description

825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.

More Details

Provider
Keller Williams Realty Studio City
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
24-348907
Source
listhub
PARTICIPANT
Name
Hooman Emanuel
Primary Phone
(818) 432-1500
Key
3YD-CLAWCA-X85465
Email
hemanuel126@gmail.com
BROKER
Name
Keller Williams Realty Studio City
Phone
(818) 432-1507
OFFICE
Name
Keller Williams Studio City
Phone
(818) 432-1500
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Price Changed$4,250,000 -1.05%$309Keller Williams Studio City
Price Changed$4,295,000 -2.28%$313Keller Williams Studio City
Listed For Sale$4,395,000 $320Keller Williams Studio City
Report issue with price history

Nearby Schools

Elementary School

One Hundred Ninth Street Elementary

0.2 miles awayKG - 05

High School

Sojourner Truth Continuation

0.4 miles away09 - 12

Elementary School

One Hundred Twelfth Street Elementary

0.5 miles awayKG - 05
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Get more info on 825 E 108th St, Los Angeles, CA 90059
Profile
Hooman Emanuel
Listing Agent
(818) 432-1500
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Hooman Emanuel
Listing Agent
(818) 432-1500
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.