7 Units / 8.42 CAP / 432 W. 107th St.

$1,400,000

432 West 107th Street, Los Angeles, CA 90003

For Sale

Multifamily Garden Low Rise

Active

Last Updated: 03/27/2025

Details:

Cap Rate: 8.42%

NOI: $117,909

Pro Forma Cap Rate : 10.7%

Building Size: 4,324 sqft

Lot Area: 9,110 sqft

Occupancy: 100%

Class: B

Units: 7

GRM: 8.37

Year Built: 1934

Price Per Sqft: $323

Price Per Unit: $200,000

Zoning: LAR2

Floors: 2

Year Last Renovated: 2024

Offered by

Danny Mahelka

624-Coldwell Banker Realty - SoCal

#01170359

Request Info to Unlock

Highlights:

• Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space
• gated 9,110 sq. ft. lot, the property includes outdoor common areas for residents to enjoy
• Positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown
Room to add and ADU

Description:

This exceptional investment opportunity offers an impressive 8.42% cap rate on fully rented current income, making it a turnkey, high-yield asset in one of Los Angeles's most dynamic rental markets. Located at 432 W. 107th St., Los Angeles, this professionally managed and well-maintained property features seven recently renovated units, including two 2-bed/1-bath and five 1-bed/1-bath apartments, all individually metered for gas and electricity, allowing tenants to cover their own utilities. Situated on a secure, gated 9,110 sq. ft. lot, with potential to add an ADU or two and have outdoor common areas for tenants to enjoy. Recent upgrades include new exterior paint, enhanced lighting, and other property-wide improvements, ensuring a modern and attractive living space. Conveniently positioned near major employment hubs, this property provides tenants easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum all within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405 and public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, modernized units, and an unbeatable location, making it a prime addition to any savvy investor's portfolio. Can be sold as a package with 731 E. Jefferson Blvd. (Also 7 units offered at a high CAP Rate).