1818 East 104th Street
1818 East 104th Street
Closed 1/17/24
Closed 1/17/24
Description
(unit 1820)! 1818-1820 E 104th is an ideal
investment opportunity for any buyer looking
to invest in South Los Angeles. The property is
comprised of (2) 3Bed/1Bath units, both of
which have Section 8 tenants - guaranteed
income! At one of the lowest price points for
an income property, the subject property is
the best way to enter the real estate market
and grow your portfolio! This 1,680 square foot building is situated on a
6,250 square foot lot, zoned LAR1....Potential to deliver 1 unit vacant by August 1st
(unit 1820)! 1818-1820 E 104th is an ideal
investment opportunity for any buyer looking
to invest in South Los Angeles. The property is
comprised of (2) 3Bed/1Bath units, both of
which have Section 8 tenants - guaranteed
income! At one of the lowest price points for
an income property, the subject property is
the best way to enter the real estate market
and grow your portfolio! This 1,680 square foot building is situated on a
6,250 square foot lot, zoned LAR1. This property
is priced at only $344k/unit! This is one of the
lowest price/units in the neighborhood.
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
- Listed by Michael Padilla • DRE #01993341 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1818 East 104th Street
Location
Sold By NONMEMBER MRML, General NONMEMBER, DRE #01388489
Property Details for 1818 East 104th Street
| Status | Closed |
|---|---|
| MLS # | SB23074897 |
| Days on Market | 98 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1929 |
| Lot Size | 0.14 AC / 6,250 SF |
| County | Los Angeles County |
Location
Sold By NONMEMBER MRML, General NONMEMBER, DRE #01388489
Building Information for 1818 East 104th Street
Payment Calculator
$4,014 per month
30 year fixed, 7.25% Interest
$3,760
$254
$0
Property Information for 1818 East 104th Street
- Gross Income: $37,968
- Gross Scheduled Income: $37,968
- Vacancy Allowance Rate: 3
- Net Operating Income: $23,018
- Operating Expense: $13,811
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $13,811
- Tax Tract Number: 1234
- Tax Census Tract: 2427.00
- CFD/Mello-Roos Fee: $591
- Tax Lot: 184
- Community Features: Urban
- Laundry: No
- Laundry Features: None
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,574
- Unit Type Total Rent: $1,574
- Unit Type Pro Forma: 2850
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,590
- Unit Type Total Rent: $1,590
- Unit Type Pro Forma: 2850
- Unit Type Type: 2
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 1818 East 104th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1818 East 104th Street
Schools near 1818 East 104th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Florence Griffith Joyner Elementary School PublicK to 5 | ||
Edwin Markham Middle School Public6 to 8 | ||
Jordan High School Public9 to 12 | ||
Alliance Cindy And Bill Simon Technology Academy High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763; Lyon Stahl Investment Real Estate, Inc., Michael Padilla, DRE #01993341
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.