907 E 109th Place, Los Angeles, CA 90059

About this duplex

907 E 109th Pl is an ideal investment opportunity for any buyer looking to invest in South Los Angeles. The property is comprised of (1) 3Bed/2Bath & (1) 2Bed+1Bath units, both of which currently have HUD tenants - guaranteed income! At one of the lowest price points for an income property, the subject property is the best way to enter the real estate market and grow your portfolio! Once the tenant/owner-user ready unit is rented for market the property will operate at a 4.75% CAP and 13.50 GRM. This is a fantastic investment opportunity or ideal situation for someone looking to owner occupy. This 1,952 square foot building is situated on a 4,856 square foot lot, zoned LAR2. This property is priced at only $337k/unit! This is one of the lowest price/units in the neighborhood.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$632,500

Sold September 2023 · listed $675,000, on market May 2023 · MLS #SB23087349 · Source: CRMLS

Listing Agent: Cameron Samimi · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: William Aquino · Century 21 LOTUS

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