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For sale
  • Listing Provided by: 

    Gayle Goode DRE #02239558,

    Branch-Hughes, Angela

    Price cut: $599K (4/21)
    $2,000,000

    1249 W 107th St, Los Angeles, CA 90044

    192beds
    144baths
    7,816sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $256/sqft
    $-- HOA

    What's special

    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.
    70 days
    on Zillow
    |
    95
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 03:13am

    Listing Provided by:

    Gayle Goode DRE #02239558,

    Branch-Hughes, Angela

    Source: CRMLS,MLS#: SR25038742MLS LogoOriginating MLS: California Regional MLS
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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 192
    • Bathrooms: 144
    Appliances
    • Laundry: Community
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 7,816
    • Total interior livable area: 7,816 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground level with stairs/2
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.31 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6060014024
    • Zoning: LCR320U*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutters, Sidewalks, Street Lights
    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $256/sqft
    • Date on market: 2/28/2025
    • Tenant pays: Cable TV, Electricity, Gas
    • Electric utility on property: Yes
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