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For sale
  • $1,400,000

    432 W 107th St, Los Angeles, CA 90003

    9beds
    7baths
    3,098sqft
    : 
    Multi Family
    Built in 1934
    -- sqft lot
    $1,368,300 Zestimate®
    $452/sqft
    $-- HOA

    What's special

    New exterior paintOutdoor common areasRecently renovated unitsModernized unitsEnhanced lighting
    This exceptional investment opportunity offers an impressive 8.42% cap rate on fully rented current income, making it a turnkey, high-yield asset in one of Los Angeles's most dynamic rental markets. Located at 432 W. 107th St., Los Angeles, this professionally managed and well-maintained property features seven recently renovated units, including two 2-bed/1-bath and five 1-bed/1-bath apartments, all individually metered for gas and electricity, allowing tenants to cover their own utilities. Situated on a secure, gated 9,110 sq. ft. lot, with potential to add an ADU or two and have outdoor common areas for tenants to enjoy. Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space. Conveniently positioned near major employment hubs, this property provides tenants easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405 and public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investor's portfolio. Can be sold as a package with 731 E. Jefferson Blvd. (Also 7 units offered at a high CAP Rate).
    43 days
    on Zillow
    |
    93
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 06:55am

    Listed by:

    Danny Mahelka DRE # 01170359 213-359-4097,

    Coldwell Banker Realty 310-777-6200,

    Vahe A Shaghzo DRE # 01367507 310-777-6388,

    Coldwell Banker Realty

    Source: CLAW,MLS#: 25506927MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 7
    Heating
    • Wall Gas
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Disposal, Range/Oven, Refrigerator, Gas Water Heater
    • Laundry: In Unit
    Interior area
    • Total structure area: 3,098
    • Total interior livable area: 3,098 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 2
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 9,029.99 Square Feet
    Details
    • Additional structures: None
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Raised
    Condition
    • Year built: 1934

    Utilities & green energy

    • Sewer: In Street

    Community & HOA

    Community
    • Security: Gated
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $452/sqft
    • Tax assessed value: $1,612,619
    • Date on market: 3/24/2025
    • Total actual rent: 167220
    • Tenant pays: Gas, Electricity
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