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!
1,952 Sq Ft
4,856 Sq Ft Exterior Space
Other
Built in 1922
MLS/Listing ID DW25091826
2 Units
Lot - Front Yard
Community - Street Lights
Community - Sidewalks
Inside
Lot - Backyard
Listing Courtesy of CENTURY 21 LOTUS, WILLIAM AQUINO - 424-240-4689
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE