Property Description

Potential to deliver 1 3Bed+2Bath unit tenant or owner/user ready! 907 E 109th Pl is an ideal investment opportunity for any buyer looking to invest in South Los Angeles. The property is comprised of (1) 3Bed/2Bath & (1) 2Bed+1Bath units, both of which currently have HUD tenants – guaranteed income! At one of the lowest price points for an income property, the subject property is the best way to enter the real estate market and grow your portfolio! Once the tenant/owner-user ready unit is rented for market the property will operate at a 4.75% CAP and 13.50 GRM. This is a fantastic investment opportunity or ideal situation for someone looking to owner occupy. This 1,952 square foot building is situated on a 4,856 square foot lot, zoned LAR2. This property is priced at only $337k/unit! This is one of the lowest price/units in the neighborhood.