237 E 99th St, Los Angeles, CA 90003
Sale Price: $1,606,500
Jun 6, 20243,903 sqft11 beds8 baths
Listed by: Isaac Davidi
License #: 01819489
Phone #: 310-877-9425
On Track Property
Source:
MLS #: 24400169
Property Description
**Projected 7.2% Cap Rate** Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rents and generate cash flow! *Note that photos are of similar nearby units*
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$21,395
TurboHome Estimated Value
$1,512,900
$388 sqft
High Valuation
$1,588,545
$407/sqft
Normal Valuation
$1,512,900
$388/sqft
Low Valuation
$1,437,255
$368/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $388/sqft | $1,512,900 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Southeast Los Angeles
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Comparative Value
$1.20M
$1.60M
$1.61M
601 W 84th St, Los Angeles, CA 90044
Sale Price: $1,200,000
Selected Comparable
237 E 99th St, Los Angeles, CA 90003
List Price: $1,599,500
Subject Property
237 E 99th St, Los Angeles, CA 90003
Sale Price: $1,606,500
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT237 E 99th St, Los Angeles, CA 90003
List: $1,599,500
Listed: 6/6/2024
Area:3,903 sqft
Price/sqft:$410
Beds:11
Baths:8
Year Built:—
Lot Size:5,082
Comparable Properties
COMPARABLEChoose comps
237 E 99th St, Los Angeles, CA 90003
Sale: $1,606,500
12/30/2024 • 0.00 mi
Area:3,903 sqft
Price/sqft:$412
Beds:11
Baths:8
Year Built:—
Weight:62.1%
601 W 84th St, Los Angeles, CA 90044
Sale: $1,200,000
4/7/2025 • 1.34 mi
Area:4,103 sqft
Price/sqft:$292
Beds:10
Baths:7
Year Built:—
Weight:37.9%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 237 E 99th St, Los Angeles, CA 90003 | $1,599,500 | 3,903 | $410 | 5,082 | — | 6/6/2024 | 11 | 8 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 237 E 99th St, Los Angeles, CA 90003 | $1,606,500 | 3,903 | $412 | 5,082 | 0.00 mi | 12/30/2024 | 11 | 8 | — | 62.1% | |
| 601 W 84th St, Los Angeles, CA 90044 | $1,200,000 | 4,103 | $292 | 5,273 | 1.34 mi | 4/7/2025 | 10 | 7 | — | 37.9% |
Nearby Listings
4 similar properties within 5 miles
List Price: $1,295,000
8110 S San Pedro St, Los Angeles, CA 90003
10 bd 7 ba 3,752 sqft
TurboHome Est. Value:
$1,370,500
List Price: $1,390,000
662 E 42nd St, Los Angeles, CA 90011
12 bd 8 ba 4,530 sqft
TurboHome Est. Value:
$1,495,700
List Price: $1,430,000
1035 W 107th St, Los Angeles, CA 90044
11 bd 7 ba 4,540 sqft
TurboHome Est. Value:
$1,414,100
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