825 E 108th St Los Angeles, CA 90059
Property details
About 825 E 108th St
825-833 108th street is a lucrative investment opportunity in the form of a well-maintained 22-unit apartment building on three separate parcels. This property boasts an ideal unit mix, strategic location, and significant upside potential, making it a prime asset for both seasoned investors and those looking to enter the real estate market. Key Highlights: 1. Unit Mix: The property offers a diverse unit mix, predominantly featuring spacious 2-bedroom layouts that cater to a wide range of tenant preferences. 2. Rent Upside Potential: Unlock substantial value with over 35% upside potential in rents. This presents a unique opportunity to maximize returns and enhance the overall profitability of the investment. 3. Recent Renovations: Over half of the units have undergone renovations in the last 3 years, ensuring modern interiors and increased tenant satisfaction. This contributes to the property's overall appeal and value. 4. Proximity to Avalon Metro Station: Enjoy the convenience of being in close proximity to the Avalon Metro Station, providing easy access to public transportation and enhancing the property's attractiveness to potential tenants. 5. Near Parks and Recreation Center: Residents can take advantage of nearby parks and a recreation center, offering a blend of green spaces and recreational activities for a well-rounded living experience. 6. Well-Maintained Property: The building is meticulously maintained, reflecting a commitment to quality and ensuring a positive living environment for residents. 7.Investment Potential: This property presents a compelling investment case, combining a strong unit mix, recent renovations, and the potential for increased rental income, making it an attractive option for investors seeking long-term growth. Don't miss out on this rare opportunity to acquire a well-positioned and income-generating property.
Highlights
Summary
- MLS Number: 24430823
- MLS Name: CRMLS
- Office Name: Keller Williams Studio City
- Office Phone: (818) 432-1500
- Listing Agent: Deboura Emanuel
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 5:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,250,000
825 E 108th St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 17, 2019 | Home Sold | $3,550,000 |
| Oct 18, 2005 | Home Sold | $1,628,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $1,535,747 | $20,361 |
| 2020 | $1,520,000 | $12,040 |
| 2019 | $830,587 | $11,905 |
| 2018 | $814,302 | $11,610 |
| 2017 | $798,336 | $11,610 |
History based on county public records data.
Nearby schools
4
109th Street School
Public District KG-5
0.1 mi
•10915 McKinley Ave
5
99th Street Elementary School
Public District PK-6
0.5 mi
•9900 Wadsworth Ave
5
112th Street STEAM Academy
Public District KG-5
0.5 mi
•1265 E 112th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,958. The majority of Los Angeles, CA residents have income less than $<35k annually. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Frequently asked questions
About 825 E 108th St
This home is located at 825 E 108th St in Los Angeles, CA and zip code 90059 in the Green Meadows neighborhood. This 13,742 square foot home, which was built in 1951, sits on a 0.33 acre lot. Features: 39 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $4,250,000.
While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.