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NEW PRICE - $1,150,000! Excellent opportunity to acquire a unique 5-unit investment property at 1033-1035 W 107th Street in Los Angeles. The property consists of two separate buildings, including a detached and completely renovated 2-bedroom, 1-bath single-family residence with its own private entrance, front yard and 3-car parking, plus a separate two-story 4-unit building. The four-unit building features a desirable mix of 1-, 2- and 3-bedroom units, including multiple beautifully renovated interiors. Three of the five units are currently vacant, giving a new owner the opportunity to immediately lease the units at market rents and increase property income. The two occupied units currently generate $5,000 per month, while projected stabilized rents for all five units total approximately $11,800 per month / $141,600 annually. At the current asking price and projected stabilized income, the property offers an approximately 8.33% pro forma cap rate and 8.12 GRM based on the listing broker's pro forma assumptions. Approximately 7 parking spaces provide additional convenience for tenants. Ideal opportunity for an investor seeking a multifamily asset with renovated units, flexible unit mix, immediate lease-up potential and long-term income growth. Offering Memorandum and financial information available upon request. Buyer to independently verify all information, including unit count, permits, square footage, rents, expenses and projected income.
Property Type(s):
Residential Income
| Last Updated | 9/21/2026 | Year Built | 1904 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Price History
| Prior to Sep 1, '26 | $1,299,000 |
|---|---|
| Sep 1, '26 - Sep 21, '26 | $1,199,000 |
| Sep 21, '26 - Today | $1,150,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Water Heater, Range Hood |
| AREA | C34 - Los Angeles Southwest |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 9213 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 9211 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with CITY LIGHTS REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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