1265 E 108th St
Los Angeles, CA 90059

Bd   — Ba   3,349 Sqft
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.
  • Property Type: Multi Family
  • MLS#: 17247174
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Joshua Ross
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 1265 E 108th Street , Los Angeles

Year Built: 1952
Lot Size Acres: 0.19
Lot Size Square Feet: 8639
Lot Size Units: Square Feet
Lot Size Area: 8639
Price Per Square Foot: 201.55
Parcel Number: 6065011027
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 1265 E 108th Street, Los Angeles

Status
Date
Price
Listed
May 1, 2017
$675,000
#17247174
Listed
Oct 5, 2016
$700,000
#16168640
Sold
Aug 29, 2014
$369,000
Listed
Apr 29, 2014
$399,990
#DW14090723

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Compare Similar Homes for 1265 E 108th Street, Los Angeles

Estimated market value is $1,162,103 which is 72% above the list price. This estimate is based on the following nearby homes which average $347/Sqft.
You can refine the estimate by removing homes that are not similar
This estimate is based on the average price per square foot value of the homes in the displayed below. Movoto intended this estimate as a useful starting point to help you price this home. This is not a professional appraisal, to get one contact one of Movoto’s licensed Real Estate Agents for a comprehensive evaluation.
A 11.93 mi
100 W 5th St #3E
  • $724,900
  • For Sale

    70 days

  • 1 Bd
  • 1 Ba
  • 1,889 Sqft
  • $384 /Sqft
  • 0.34 Acres Lot
  • Built 1925
B 12.92 mi
3857 Filion St
  • $555,000
  • New

    6 days

  • 1 Bd
  • 1 Ba
  • 8,236 Sqft Lot
  • Built 1924
C 25.62 mi
511 E 15th
  • $680,000
  • For Sale

    57 days

  • 1 Bd
  • 1 Ba
  • 2,200 Sqft
  • $309 /Sqft
  • 7,346 Sqft Lot
  • Built 1960
YOU
ARE
HERE
1265 E 108th St
  • $675,000
  • For Sale

    85 days

  • — Bd
  • — Ba
  • 3,349 Sqft
  • $202 /Sqft
  • 8,639 Sqft Lot
  • Built 1952

Real Estate Market Statistics for 1265 E 108th Street, Los Angeles

YOU ARE HERE

1265 E 108th Street

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$675K

1265 E 108th Street

$325K

Watts

1% y/y

Watts

$354K

90059

4% y/y

90059

$998K

Los Angeles

5% y/y

Los Angeles

See all trends for Los Angeles
As of , there are 26 properties listed for sale in ZIP code 90059 and 2,094 properties listed for sale in the city of Los Angeles, CA. Those 2,094 properties include 1,439 single family homes and 655 condos. This property at 1265 E 108th St in 90059 is currently listed for $675,000. This is 32% below the median price of $998,944 for Los Angeles and 90% above the median of $354,950 for 90059. 1265 E 108th St is approximately 3,349 square feet, which is 97% above the Los Angeles median of 1,699 and 194% above the 90059 ZIP code median of 1,140. This property's price per Sqft is $202, which is 38% below the median price in 90059 of $324 and 67% below the Los Angeles median of $617 per Sqft.
Built in 1952, this multi family house at 1265 E 108th St is approximately 3,349 square feet and does not come with a parking spot. It is listed on 05/01/2017 with a cost per Sqft of $202. 1265 E 108th St is located in the Watts neighborhood in the Los Angeles Unified School District. The closest school is Compton Avenue Elementary School.

1265 E 108th St has been on the market for 85 days. The median days on the market for properties in this area is 42 with a median list price of $998,944 and median cost per square foot of $617. It's currently listed as active under the MLS #17247174.

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