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Sold for $1,890,000 on 06/04/25
  • Listing Provided by: 

    Gayle Goode DRE #02239558 818-266-2133,

    Branch-Hughes, Angela

    $1,890,000

    1249 W 107th St, Los Angeles, CA 90044

    192beds
    144baths
    7,816sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,863,600 Zestimate®
    $242/sqft
    $-- Estimated rent

    What's special

    Drive by only! Introducing, for the first time on market in over 20 years, the opportunity to purchase this investment opportunity consists of 8 one bedroom + one bath units and 4 two bedroom + one bath units. Ten of the units are section 8. Tenants enjoy onsite laundry and parking for each unit and a close proximity to the 110 and 105 freeways as well as the metro A and C lines. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period.

    Zillow last checked: 7 hours ago

    Listing updated: June 06, 2025 at 10:34am

    Listing Provided by:

    Gayle Goode DRE #02239558 818-266-2133,

    Branch-Hughes, Angela

    Bought with:

    General NONMEMBER, DRE #01413560

    NONMEMBER MRML

    Source: CRMLS,MLS#: SR25038742MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 192
    • Bathrooms: 144
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 7,816
    • Total interior livable area: 7,816 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground level with stairs/2
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.31 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6060014024
    • Zoning: LCR320U*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    Estimated market value

    $1,863,600