Residential Income Details
1212 West 107th Street features one building, a two-story 1962 construction, that contains six one-bedroom/one-bath, 14 two-bedroom/one-bath and two two-bedroom/two-bath units. The units are separately metered for gas and electricity. The 19,105-square foot lot also offers ample carport and tuck-under parking, as well as on-site laundry and attractive front landscaping.
The property is generating steady cash flow on current rents, and an astute investor could rehabilitate and reposition the property in order to push rents to market levels and capture approximately 24 percent potential upside. This makes 1212 West 107th Street an excellent value-add opportunity in a dense rental market.
|Number of Units||22|
|Listing Brokerage||Steven M. Bogoyevac, Broker|
|Listing Agent||Steven Bogoyevac|
|Listing Agent BRE #||01332755|
|Co-Listing Brokerage||Marcus & Millichap|
|Co-Listing Agent||Shane Young|
|Co-Listing Agent BRE #||01963090|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 30, 2017.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
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