FIRST-TIME BUYER / FHA / HOUSE HACK / INVESTOR OPPORTUNITY! VACANT Los Angeles duplex / 2-unit income property with a 4BD/3BA front unit and 5BD/3BA rear unit. Ideal for an owner-occupant, first-time buyer, house hacker or investor. Live in one unit and rent the other to offset housing costs, or use both as rentals. Potential for traditional rentals, Section 8 / Housing Choice Voucher or other permitted uses. Large bedroom counts offer strong value-add potential. Buyer may explore a possible ADU strategy, subject to zoning, permits and requirements; buyer and buyer's agent to independently confirm. Near 109th Street Elementary School and local amenities. Property sold AS-IS. FHA, low-down-payment, owner-occupied and renovation financing may be available; buyer to verify. Buyer to verify permits, zoning, condition, rents, square footage and all property information.
Multi-familyProperty Type
2020Year Built
5,805 sq ftLot Size
$277Price/Sq.Ft.
3 spacesParking
Listed by Donny Adams•DRE #02178733• Keller Williams Hollywood Hills
Green Meadows, located between Florence Avenue and Imperial Highway, is a residential and industrial Los Angeles neighborhood with wide streets and low-slung commercial blocks. The neighborhood’s character concentrates around the busy Florence Ave & Alameda St crossroads, where auto-repair bays, taqueros, and small storefronts set a workday rhythm. Nearby, Watts Towers Arts Center anchors local creativity with hands-on exhibitions and community programming. Ted Watkins Memorial Park adds open lawns, courts, and shaded paths that shape daily routines. Housing trends toward modest mid-century single-story homes with practical yards and driveways. The flat grid and rail corridors give the area a straightforward, utilitarian geography.
Provided by Walk Score and Local Logic
Offer insights
831 E 109th St · $1,025,000
$1.03M and above
75% chance or better to win
Why $1.03M+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Central heating
Central cooling
Bedrooms
Two residential units: one 5-bedroom unit and another 5-bedroom unit
Bathrooms
Two units each with 3 bathrooms
Heating & cooling
Central heat
Central cooling
Exterior features
Lot roughly 40 x 145
Lot approximately 0.1333 acres
Zoned LAR2
No additional detached structures
Home design
Two-story building
Residential income property (two units)
Parking
Attached garage
Total of 3 parking spaces
Financial info
Gross operating income reported at $97,656
Net operating income reported at $70,115
Total annual expenses reported at $27,541.71
Gross income listed as 97,656
Gross rent multiplier 10.5
Projected rent about $4,069 per unit
Two units in one building
Other
Property is a two-unit residential income property
Directions: East of Avalon Blvd, south of E 108th St.
Electricity and solar
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LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
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