432 W 107Th Street, Los Angeles, CA 90003
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Listed Price :
$1,400,000
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Beds :
9
-
Baths :
7
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Property Size :
3,098 sqft
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Year Built :
1934
Property Description
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' 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 with 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).
Interior Features
Bedroom Information |
Bedrooms |
9 |
Bathroom Information |
Bathrooms |
7 |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
432 W 107Th Street |
City |
Los Angeles |
State |
CA |
Zip |
90003 |
County |
Los Angeles |
Listing Agent |
Danny Mahelka DRE #01170359 |
Co-Listing Agent |
Vahe A Shaghzo DRE #01367507 |
Courtesy Of |
Coldwell Banker Realty |
List Price |
$1,400,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
3,098 |
Lot Size |
9,029 |
Year Built |
1934 |
Listing information courtesy of: Danny Mahelka, Vahe A Shaghzo, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 26th, 2025 at 4:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.