Sold for $1,890,000

Listed by: Branch-Hughes, Angela • Gayle Goode • Contact: 818-266-2133

Bought with: NONMEMBER MRML

$1,890,000

1249 W 107th St, Los Angeles, CA 90044

192beds

144baths

7,816sqft

Multi Family

Built in 1959

-- sqft lot

$1,872,100 Zestimate^®

$242/sqft

$2,054 Estimated rent

Home value

$1,872,100

$1.68M - $2.08M

$2,054/mo

Zestimate^® history

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$2,054/mo

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$2,054/mo

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$11,916/mo

Est. payment

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$11,916/mo

Est. payment

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What's special

Drive by only! Introducing, for the first time on market in over 20 years, the opportunity to purchase this investment opportunity consists of 8 one bedroom + one bath units and 4 two bedroom + one bath units. Ten of the units are section 8. Tenants enjoy onsite laundry and parking for each unit and a close proximity to the 110 and 105 freeways as well as the metro A and C lines. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 192
Bathrooms: 144

Appliances

Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 7,816
Total interior livable area: 7,816 sqft

Property

Parking

Parking features: Carport
Has carport: Yes

Features

Levels: Two
Stories: 2
Entry location: Ground level with stairs/2
Pool features: None
Spa features: None

Lot

Size: 0.31 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 6060014024
Zoning: LCR320U*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

Updated/Remodeled
New construction: No
Year built: 1959

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Gutter(s), Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $242/sqft
Date on market: 2/28/2025
Cumulative days on market: 75 days
Listing terms: Cash,Conventional
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
5/30/2026	Listing removed	$1,800
Source: Zillow Rentals Report a problem
3/6/2026	Listed for rent	$1,800
Source: Zillow Rentals Report a problem
6/4/2025	Sold	$1,890,000-5.5%$242/sqft
Source: CRMLS #SR25038742 Report a problem
4/21/2025	Price change	$2,000,000-23%$256/sqft
Source: CRMLS #SR25038742 Report a problem
4/17/2025	Price change	$2,599,000-3.7%$333/sqft
Source: CRMLS #SR25038742 Report a problem
3/21/2025	Price change	$2,699,000-3.6%$345/sqft
Source: CRMLS #SR25038742 Report a problem
2/28/2025	Listed for sale	$2,799,999$358/sqft
Source: CRMLS #SR25038742 Report a problem