825 East 108th Street
$4,250,000
39
22
13,742
13,742
$309
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....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.
- Listed by Deboura Emanuel • DRE #01367535 • Brokerage DRE #01125362 • Keller Williams Studio City
- Listed by Hooman Emanuel • DRE #01200237 • Brokerage DRE #01125362 • Keller Williams Studio City
Property Details for 825 East 108th Street
Zoning
LAM1
Parcel Number6051022033
Total Units22.0
Living Area13742
Source Living AreaOther
AreaMetropolitan South (C37)
Vacancy Rate1
Lot Size Area14387
LISTING UPDATED: 08/30/2024 12:01 AM
Property Details for 825 East 108th Street
Status | Active |
---|---|
MLS # | 24-430823 |
Days on Market | 140 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.33 AC / 14,387 SF |
County | Los Angeles County |
Building Information for 825 East 108th Street
Stories2Residences-Year Built1951Building Size-Lot Size0.33 AC / 14,387 SF
Property Information for 825 East 108th Street
Property History for 825 East 108th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 825 East 108th Street
Taxable ValueLand$557,543Additions$1,072,201Total$1,629,744
Tax Record2024$21,974 ($1,831 / month)
Home Facts
Total Finished SqFt5,962 SqFtAbove Grade Finished SqFt5,962 SqFtLot Size5,755 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningLAM1CountyLOS ANGELESAPN6051-022-033
Schools near 825 East 108th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
One Hundred Ninth Street Elementary School PublicK to 5 | ||
Animo Charter Middle No. 2 Charter6 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Resolute Academy Charter Charter5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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