Welcome to 907 E 109th Place an incredible opportunity for investors seeking a solid asset in South Los Angeles. This duplex features two units: one 3-bedroom, 2-bath and one 2-bedroom, 1-bath— With one of the lowest price points for income properties in the area, this is a smart entry… Read More into real estate investing or a great addition to an existing portfolio. Once the both unit is rented at market rate, the property is projected to generate a 4.75%-5% CAP rate , making it a strong performer. This is an excellent fit for either an owner-user looking to live in one unit and rent the other, or for a pure investor. The building spans 1,952 square feet on a 4,856 square foot lot, zoned LAR2. Priced very aggressive, this is one of the most affordable multi-unit options in the neighborhood—don’t miss out! Read Less
Property listed by Century 21 LOTUS, William Aquino 424-240-4689
Listing Snapshot
Days Online
16
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1922
MLS Number
DW25235005
30 Days Snapshot Of 90059
$543k
-12%
(avg) sold price
6
-53%
homes sold
119
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 1,952, 2 buildings, Common walls: NoCommonWalls
Community
StreetLights, Sidewalks
Expenses
Operating expense: $23,528, Trash expense: $1,380, Water sewer expense: $6,000
Income
Gross income: $67,224, Net operating income: $43,695
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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