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Sold for $755,000
  • $755,000

    1265 E 108th St, Los Angeles, CA 90059

    10beds
    6baths
    3,349sqft
    Apartment
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $225/sqft
    $2,268 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,268/mo

    Zestimate® history
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    What's special

    As the exclusive listing agent, we are pleased to offer an opportunity to acquire a 5 unit apartment building in the centrally located Greenwood district. The building includes a highly desirable unit mix consisting of four 2 Bedroom / 1 Bath units and one 3 Bedroom / 1 Bath unit. The units, and grounds have been completely updated during the course of the current ownership allowing for a tremendous 64% upside in rents. Ample parking is also available behind a newly installed locked front entry gate. The existing cash flow combined with the tremendous upside potential, make this a great opportunity for a forward thinking investor to capitalize on the influx of growth in this rapidly gentrifying pocket of Los Angeles.Tenants enjoy community advantages such as nearby grocery stores (Food 4 Less and C & H Mini Market) and restaurants (Express Burger, The Hamwich Shack) & family fun and fitness can be found at the nearby 109thSt Recreation Center.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Interior area
    • Total interior livable area: 3,349 sqft

    Property

    Lot
    • Size: 8,638 Square Feet
    Details
    • Parcel number: 6065011027

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1952

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $750,963
    • Annual tax amount: $10,610

    Price history

    DateEventPrice
    1/17/2025Sold$755,000+14.4%$225/sqft
    Source: Public Record Report a problem
    11/14/2017Sold$660,000+78.9%$197/sqft
    Source: Public Record Report a problem
    8/29/2014Sold$369,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,610 +54.9%$750,963 +72.7%
    2024$6,850 +1.7%$434,776 +2%
    2023$6,737 +4%$426,252 +2%
    2022$6,478 +1.4%$417,895 +2%
    2021$6,388 -0.7%$409,702 +1%
    2020$6,435 $405,502 +2%
    2019$6,435 +6.4%$397,552 +2%
    2018$6,045 $389,758 +2%
    2017$6,045 +2.8%$382,117 +2%
    2016$5,878 +2.8%$374,626 +1.5%
    2015$5,719 +21.2%$369,000 +30.1%
    2014$4,719 $283,633 +4.5%
    2011-- $271,390 +0.8%
    2010-- $269,362 -0.2%
    2009-- $270,003 +2%
    2008-- $264,710 +2%
    2007-- $259,520 +2%
    2006-- $254,432
    2005-- $254,432 +4%
    2004-- $244,555 +1.9%
    2003-- $240,074 +2%
    2002-- $235,368 +4%
    2000-- $226,231
    Find assessor info on the county website

    Neighborhood: Watts

    Nearby schools

    GreatSchools rating
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