825 E 108th St Los Angeles, CA 90059

Multi-Family (2-4 Units) MLS #: 24-430823 Courtesy Of Keller Williams Realty Studio City

$4,250,000

39 beds | 13,742 sq ft
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Estimated monthly payments: $18,578/mo.* (recalculate)

Property InformationDescription

825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.33 Acres

MAP & DIRECTIONS

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825 E 108th St, Los Angeles, CA 90059
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School Information

825 E 108th St, Los Angeles, CA 90059

Elementary School
Grades KG-5 | Public School
109TH STREET SCHOOL
Los Angeles, CA 90059
10915 McKinley Ave
323.­756.9206
Distance: 0.1 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
361
Middle School
Grades 6-8 | Public School
SAMUEL GOMPERS MIDDLE SCHOOL
Los Angeles, CA 90061
234 E 112th St
323.­241.4000
Distance: 0.7 mi
School Rating
D
Student:Teacher Ratio
19:1
Total Students
464
High School
Grades 9-12 | Public School
ALAIN LEROY LOCKE COLLEGE PREPARATORY ACADEMY
Los Angeles, CA 90061
Distance: 0.8 mi
Other Nearby Schools Distance Type Grades School Rating
Animo James B. Taylor Charter Middle School 0.2 mi Public 6-8 C
Verbum Dei High School 0.5 mi Private 9-12
99th Street Elementary School 0.5 mi Public PK-6 B-
Resolute Academy Charter 0.6 mi Public 5-8
112th Street Steam Academy 0.6 mi Public KG-5 C+
Alain Leroy Locke College Preparatory Academy 0.6 mi Public 9-12 D
Alliance Jack H. Skirball Middle School 0.6 mi Public 6-8 C-
116th Street Elementary 0.7 mi Public KG-5 C
University Pathways Medical Magnet Academy 0.7 mi Public 9-12 C
107th Street Elementary & Steam Magnet 0.7 mi Public PK-5 D
Thomas Riley High School 0.8 mi Public 7-12 C
Compton Avenue Elementary Steam Academy 0.8 mi Public KG-5 C
Edwin Markham Middle School 0.8 mi Public 6-8 D
Flournoy Elementary School 0.9 mi Public KG-5 C-
Dorothy V. Johnson Community Day 0.9 mi Public 9-12 D+
93rd Street Elementary School 1.0 mi Public KG-6 C-
96th Street Steam Academy 1.0 mi Public KG-6 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90059

Median Age: 30.5
Married: 38%
Number of Households: 10,509
Households with Children: 56.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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