424 w 108th st

los angeles, CA 90061

units

4

sqft

3,992

lot size

5,246

year built

1940

$875,000

DOM: 41Pending34% Upside

$/unit

$219k

$/sqft

$219

GRM

12.9

CAP

5.6%

PadMint Analysis
Listing Details
Rent Comps
Sales Comps

Rent Roll

# UnitsBedsBathsCurrent RentMarket Rent
1 21$785 $1,695
1 21$1,650 $1,695
1 21$1,420 $1,695
1 52$1,811 $2,495
total monthly rent$5,666$7,580 +34%

Conventional Financing (estimated)

Price
$875,000.00
Down Payment ( 1.30 DCR )
25.00%
$218,750.00
Interest Rate
4%
Monthly Payment
$0.00

Lynette Najar

DRE #01456750

eHomes

Valuation Tool

Adjust the monthly rent below to see the Minted Estimate.

PadMint's Minted Estimate provides an estimated property value based on current market conditions and income data.

i

monthly rent

$5,666.00

Similar Nearby Properties

0

Listing VS Assessor

Sometimes the information from the listing doesn't match the information sourced from the county assessor. View the table below to see how the information compares.

FieldValue From ListingValue From Assessor
# of Units45
SQFT3,9923,992
Lot Size5,2465,246
Year Built19401940
ZoningLAR4LAR4
APN6061-034-0066061-034-006

Sale History

price$/sqft$/unitdate
$599k$150$120k4-20-2016
$226k$57$45k11-6-2012
$275k$69$55k7-29-2010
$275k$69$55k4-29-2010

424 W 108th Street is a four unit multi-family building in Los Angeles, CA 90061. This 3,992 square foot building sits on a 5,246 square foot lot zoned as LAR4 and features one 5bed 2bath, and three 2bed 1bath units. This property was built in 1940 and is currently fully occupied. At its current asking price of $875,000 and current estimated monthly income of $5,666, this investment opportunity has an estimated CAP rate of 5.59% and an estimated GRM of 12.87.

Disclaimer: PadMint Inc. makes no warranty or representation about the content of the PadMint website. This information has been secured from sources we believe to be reliable, however all references to square footage, age, rents, projected rents, zoning, number of legal units and similar property-specific details should be considered approximations. Buyer must verify the information and bears all risk for any inaccuracies. This advertisement is not intended as a solicitation if your property is currently listed with another brokerage.

“Market rents are merely estimates by PadMint Inc. and may take into account substantial renovations. Seller and broker do not warrant or guarantee the stated estimated market rent. Buyer should use their own estimate of market rents. The information contained herein has been obtained from sources we deem reliable but is not guaranteed. Prospective buyers are advised to independently verify accuracy and to review any disclosure information on file with this office. Buyer to confirm unit and building measurements. PadMint Inc. does not warrant the accuracy of any representations of size of units, size of building or lot size.”

Note: The above expenses and vacancy factor are estimated only, based partly on industry standards. All prospective buyers should determine their own numbers for all expenses and the vacancy factor.

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Lynette Najar

DRE #01456750

eHomes