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631 E 108th Street, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath

631 E 108th Street, Los Angeles, California 90059 home-pic-0
ACTIVE$899,500
631 E 108th Street, Los Angeles, California 90059
0Bed
0Bath
2,280Sqft
5,738Lot
Year Built
1991
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
GD25126809
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $899.5K(67th), sqft - 2280(50th), beds - undefined(50th), baths - undefined(50th).

Remodeled 2-Story Fourplex! Fully occupied Investment property. Each of the four units features 1 bedroom, 1 bathroom, and approximately 570 sq ft of living space. PROPERTY HIGHLIGHTS: Over 225k spent on Renovations. Fully remodeled interiors with contemporary finishes, Sleek, modern kitchens featuring updated cabinetry and fixtures, Stylish, cozy bathrooms, Vinyl and Tile flooring throughout, Freshly painted interiors, Energy-efficient tankless water heaters in each unit, Dedicated parking space for every unit, Separate Gas and Electric Meters, Upgraded Plumbing and Electrical systems. The property is conveniently located near shops, dining, the 110 Freeway, and minutes away from DTLA. NOTE: Photos used were taken after the renovations.

Price History

Date
Event
Price
06/05/25
$899,500
06/19/19
Sold
$445,000
05/22/15
Sold
$442,000
01/27/09
Sold
$300,000
07/31/06
Sold
$585,000
11/04/05
Sold
$531,000
Condition Rating
Good
The property was built in 1991 but has undergone significant renovations, including modern kitchens and bathrooms, new flooring, and updated systems. While not brand new, the renovations bring it to a move-in ready state with contemporary finishes. The description mentions over $225k spent on renovations. The images show updated interiors, suggesting minimal wear and tear on the renovated components.
Pros & Cons

Pros

Fully Remodeled Units: Each of the four units has been fully remodeled with contemporary finishes, increasing their appeal to potential tenants and justifying higher rental rates.
Turnkey Investment: The property is fully occupied, providing immediate rental income for the investor. The extensive renovations minimize the need for immediate repairs or upgrades.
Separate Utilities: Separate gas and electric meters for each unit simplify billing and reduce landlord responsibilities.
Dedicated Parking: Each unit has a dedicated parking space, a valuable amenity in Los Angeles that enhances tenant satisfaction.
Convenient Location: The property's proximity to shops, dining, the 110 Freeway, and DTLA makes it attractive to renters seeking accessibility and convenience.

Cons

Unit Size: The units are relatively small at approximately 570 sq ft, which may limit the pool of potential tenants.
Limited Unit Configuration: All units are 1 bedroom, 1 bathroom, which may not appeal to families or tenants seeking larger living spaces.
Market Conditions: The Los Angeles real estate market can be volatile, and investment returns are subject to market fluctuations and rental demand.

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