907 E 109th Place | Los Angeles | State of California | Prices, Plans, Availability

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907 E 109th Place

USD 849,999

Property ID: DW25091826

907 E 109th Place ,90059

4856 SqFt

Built in 1922

USD 175/SqFt

0 Bed

0 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

1952

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1922

Detailed Introduction Of This Home

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 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!

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