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This Multifamily Property is no longer advertised on LoopNet.com.

1507 W 108th St
Los Angeles, CA 90047

Multifamily Property For Sale · 6 Units

Investment Highlights

  • Huge 16,699 Sq. Ft Lot Zoned LC R2
  • Over 90% in Rental upside
  • Current Cap rate of 4.78% and 12.63 GRM and Stabilizes at an 11.86% cap rate and 6.57 GRM
  • Massive 6-Bed/2-Bath Unit delivered vacant
  • Potential to add multiple ADUs to increase rents
  • Recent Upgrades of New Roof and Copper Plumbing throughout

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.39 AC
Building Size 4,863 SF
No. Stories 2
Year Built 1954
Parking Ratio 5.35/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6077-029-017
Land Assessment
$685,000
Improvements Assessment
$560,000
Total Assessment
$1,245,000

zoning

Zoning Code LC R2
LC R2
  • Listing ID: 28804785

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 1507 W 108th St, Los Angeles, CA 90047

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