1012 W 109th Pl, Los Angeles, Los Angeles County, CA, 90044 Los Angeles CA US
Property Details
2
2
South L.A.
MultiFamily
Description
*** Can be purchased individually or a part of a 48-unit portfolio, contact LA1 for more information ** 1012 West 109th is an 12-unit property (please note one unit is non-conforming) in the Westmont neighborhood of South Los Angeles operating at a 6.14% current CAP and offers investors approx. 19% rental upside . Located just west of Vermont Ave, the subject property features (1) three-bdrm. & two-bath unit, (4) 1-bdrm. units and (7) studio units that generate approx. $16,700+ in gross monthly income. Please note, a one-bdrm. unit will be delivered vacant upon close of escrow. Based on market rents for renovated units in the area, we believe a future investor could achieve approx. $19,700+ in gross monthly income and operate the property at a 7.72% Market CAP and 9.28 Market GRM. The property amenities include gated entry, on-site parking (open and covered) and a community laundry room. Find out more about this property. Request details here
Location
Address
1012 West 109th Place, Los Angeles, California 90044, United States
City
Los Angeles
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