907 E 109th Place, Los Angeles, CA 90059

$849,999 Approx. USD 0 beds, 0 baths

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Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

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!

Listing Details

Property type: Duplex (Multi-Family)

Status: Active

MLS# DW25091826

Price: $849,999

Beds: 0

Baths: 0

Built in 1922

0.11 acres

Lot size: 0.1115

County: Los Angeles

Zoning: LAR2