1249 W 107th Street, Los Angeles, CA 90044
Property
Sold June 2025
Listing Agent: Gayle Goode (DRE #02239558) · Listing Office: Branch-Hughes, Angela · Contact: 818-266-2133 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #SR25038742 · Source: CRMLS
About this property
Drive by only! Introducing, for the first time on market in over 20 years, the opportunity to purchase this investment opportunity consists of 8 one bedroom + one bath units and 4 two bedroom + one bath units. Ten of the units are section 8. Tenants enjoy onsite laundry and parking for each unit and a close proximity to the 110 and 105 freeways as well as the metro A and C lines. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period.
Listing description from the June 2025 sale, as reported to CRMLS.
Sale history