$1,245,000
Closed

1507 W 108th Street

Los Angeles, CA 90047
0.38 acres | #SB23109426
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Multi-Family
Structure:House
Zone:Residential

Description

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.

Location

sawhneyhomesReal Estate Group
OR