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Sold for $1,245,000
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Aaron Jacobson • Contact: 310-729-1559
    Bought with: eXp Realty of California Inc
    $1,245,000

    1507 W 108th St, Los Angeles, CA 90047

    12beds
    7baths
    4,863sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $256/sqft
    $3,874 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,874/mo

    Zestimate® history
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    What's special

    1507 W 108th St is a value add 6 Unit property in an Unincorporated South Los Angeles. Priced at only $183,333/Unit and $226/Sq. Ft, This massive 4,863 Sq. Ft. Building gives an investor the opportunity for over 90% in rental upside. 1507 W 108th includes recent upgrades, such as a new roof and copper plumbing With the ability to add (2) ADUs (Buyer to verify), this investment opportunity is perfect for any investor looking at operating an 8 Unit building on a 16,669 Sq. Ft Lot. Highlighted by a 6-Bed/2-Bath unit that will be delivered tenant ready, this investment brings endless opportunity to immediately renovate and increase the current income. This property will operate above an 11% cap rate before even adding ADUs Minutes from new construction in quickly growing submarket of LA County and just minutes from Inglewood's new developments as well as new developments in Hawthorne.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.,

    Cameron Samimi DRE #02035763,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Brant Kantor, DRE #02002134

    eXp Realty of California Inc

    Source: CRMLS,MLS#: SB23109426MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    Appliances
    • Laundry: Laundry Closet
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,863
    • Total interior livable area: 4,863 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.38 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 6077029017
    • Zoning: LCR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Dog Park, Park
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $1,270,500
    • Annual tax amount: $19,603
    • Date on market: 6/21/2023
    • Cumulative days on market: 27 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    5/7/2026Listing removed$3,995$1/sqft
    Source: Zillow Rentals Report a problem
    4/11/2026Listed for rent$3,995$1/sqft
    Source: Zillow Rentals Report a problem
    10/18/2023Sold$1,245,000+13.2%$256/sqft
    Source: CRMLS #SB23109426 Report a problem
    7/18/2023Contingent$1,100,000$226/sqft
    Source: CRMLS #SB23109426 Report a problem
    6/21/2023Listed for sale$1,100,000$226/sqft
    Source: CRMLS #SB23109426 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,603 +5%$1,270,500 +2%
    2024$18,665 +164.6%$1,245,600 +314.8%
    2023$7,054 +8.4%$300,297 +2%
    2022$6,506 +0.9%$294,422 +2%
    2021$6,451 -0.4%$288,662 +1%
    2020$6,475 $285,710 +2%
    2019$6,475 +9.5%$280,121 +2%
    2018$5,916 $274,641 +2.2%
    2017$5,916 +1.4%$268,668 +2%
    2016$5,832 +4.2%$263,401 +1.5%
    2015$5,595 +0.7%$259,445 +2%
    2014$5,555 $254,363 +11.5%
    2005-- $228,177 +4%
    2004-- $219,319 +3.9%
    2002-- $211,081
    Find assessor info on the county website

    Neighborhood: 90047

    Nearby schools

    GreatSchools rating
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