SOLD
$1,245,000
Date 10/18/2023

1507 W 108th Street
Los Angeles, CA 90047

Apartment
Residence
4,863
Sqft
0.3834
Lot Size
Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc.
1507 W 108th St is a value add 6 Unit property in anUnincorporated South Los Angeles. Priced at only$183,333/Unit and $226/Sq. Ft, This massive 4,863 Sq.Ft. Building gives an investor the opportunity for over90% in rental upside. 1507 W 108th includes recentupgrades, such as a new roof and copper plumbingWith the ability to add (2) ADUs (Buyer to verify), thisinvestment opportunity is perfect for any investorlooking at operating an 8 Unit building on a 16,669 Sq.Ft Lot.Highlighted by a 6-Bed/2-Bath unit that will be delivered tenant ready, thisinvestment brings endless opportunity to immediatelyrenovate and increase the current income. Thisproperty will operate above an 11% cap rate before evenadding ADUsMinutes from new construction in quickly growingsubmarket of LA County and just minutes fromInglewood's new developments as well as newdevelopments in Hawthorne.
SB23109426
Apartment, 2 Story
Los Angeles
1954
0.3834 Acres
Public
2
Public Sewer
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Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc.
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