1212 W 107th St

Highlights:

• Day 1 Returns
• ‣ 10.32% Cash on Cash
• ‣ 9.51 GRM
• ‣ 7.01% Cap Rate
• 73% 2 Bedroom Units with Onsite Laundry and Parking
• Stable Tenant Base with Proven Cash Flow
• 13.34% Upside in Net Operating Income

Description:

YoungLewin is pleased to present 22 units located in the heart of Los Angeles.
This opportunity has a proven track record of strong cash flow, stable tenancy, and consistent rent growth. Situated on an oversized 19,000 square foot lot, there is ample parking behind secure perimeter gates. The property consists of over 70% two-bedroom units, has laundry onsite that generates additional income, and also has a utility bill-back system in place to help increase recurring cash flow.
Located around the corner from a popular elementary school, and five minutes from the 110 and 105 highways, the property is centrally located, 15 minutes from Manhattan Beach and LAX with many other amenities nearby.
This is a great opportunity for a buyer looking to put minimal money down, and cash flow double digits from day-one, while still having almost over 13% upside in NOI.

Premier South LA location in close proximity to SoFi Stadium, the new Hollywood Park complex, Intuit Dome, YouTube Theater, LAX Airport, and more.