$1,390,000
$10K PRICE DROP

Estimated payment $9,067/month

Total Views 34,207
9 Beds
7 Baths
3,098 Sq Ft
$449 Price per Sq Ft

About This Home

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).

Listing Agent

Danny Mahelka

Coldwell Banker Realty License #01170359 Listed on: 03/24/2025

Coldwell Banker Realty

Co-Listing Agent

Vahe Shaghzo

Coldwell Banker Realty License #01367507

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 9,029 Sq Ft Lot
  • Gated Home

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 6061-033-009

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3098
  • Lot Acreage: 0.2073
  • Price Per Unit: 200000.00
  • Stories: 2
  • Year Built: 1934
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven-Gas
  • Bedrooms: 9
  • Laundry: In Unit
  • Total Bathrooms: 7.00
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 448.68

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Raised
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Security: Gated
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 15.03
  • Assessed Improvement Value: 242413
  • Assessed Land Percent: 84.97
  • Assessed Land Value: 1370206
  • Total Assessed Value: 1612619
  • Assessor Parcel Number: 6061-033-009
  • Lot Size Area: 9029

Rental Info

  • Total Actual Rent: 167220.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 8.37
  • Number Of Units: 7
  • Total Annual Expense: 44295
  • Type Of Units: 7
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,390,000 -0.7% $449 / Sq Ft
03/24/2025 03/24/25 For Sale $1,400,000 -- $452 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25506927

The MLS