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227 E 110th St

Los Angeles, CA 90061
  • $789,000
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • ID#: 22-195423
Under Contract
UPDATED: 64 min ago
$789,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,056
    SQFT
  • $384
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
County:

School Ratings & Info

Description

Vacant front unit, waiting for owner-occupant looking for a generous investment and an excellent alternative to rent. With the rent from the rear unit ($1,970), it almost costs the same to own as to rent (potential rent for vacant unit = $3,200 / Total: $5,170). In 2004, the front unit was built new, and 30% of the rear unit's square feet were also built during the same year. With most houses in Los Angeles being constructed in the 30s and 50s, this property is young and built to more effective building standards. Also unique, the front unit has a spacious tile-covered 2-car garage, and the rear unit has its own one-car garage. Both have washer and dryer hookups. The ample driveway and front pavement mean plenty of parking beyond the garage space, a luxury in Los Angeles. Both units have separate addresses and electrical and gas meters. The front unit is newly remodeled. New paint, luxury vinyl plank floors, doors, vanities, fixtures, stove, microwave, and more were added. And as is recommended but hardly ever done due to the high expense, this property is newly fumigated and cleared of termites and other pests. Termite clearance and warranty are available for the new owners. This property is ready for a primary owner or investor looking for a move-in opportunity in a residential area where the median price for single-family homes has increased by over 260% in the past ten years, way above average for Los Angeles.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-03T14:43:10.623. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.realestatetoolbox.com/homes/132687328
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227 E 110th St Los Angeles, CA 90061

  • Price: $789,000
  • Status: Active Under Contract
  • On Site: 92 Days
  • Updated: 64 min ago
  • ID#: 22-195423
6
Beds
0
Baths
0
½ Baths
0.12
Acres
2,056
SQFT
$384
$/SQFT
2004
Built
Neighborhood:
Metropolitan South
County:
Los Angeles
Area:
Metropolitan South
Property Description
Vacant front unit, waiting for owner-occupant looking for a generous investment and an excellent alternative to rent. With the rent from the rear unit ($1,970), it almost costs the same to own as to rent (potential rent for vacant unit = $3,200 / Total: $5,170). In 2004, the front unit was built new, and 30% of the rear unit's square feet were also built during the same year. With most houses in Los Angeles being constructed in the 30s and 50s, this property is young and built to more effective building standards. Also unique, the front unit has a spacious tile-covered 2-car garage, and the rear unit has its own one-car garage. Both have washer and dryer hookups. The ample driveway and front pavement mean plenty of parking beyond the garage space, a luxury in Los Angeles. Both units have separate addresses and electrical and gas meters. The front unit is newly remodeled. New paint, luxury vinyl plank floors, doors, vanities, fixtures, stove, microwave, and more were added. And as is recommended but hardly ever done due to the high expense, this property is newly fumigated and cleared of termites and other pests. Termite clearance and warranty are available for the new owners. This property is ready for a primary owner or investor looking for a move-in opportunity in a residential area where the median price for single-family homes has increased by over 260% in the past ten years, way above average for Los Angeles.
Exterior Features

Covered Parking 3 Direction Faces South Entry Location Main Level Exterior Construction Stucco Garage Structures Total 2 Lot Size Area 5323 Other Structures None Parking Garage Covered ParkingGarage - 1 CarGarage - 2 CarGarage Is AttachedGarage Is Detached Patio Features None Pool Description Fenced Pool YN Yes Roof Shingle Spa None Spa YN No Sprinklers None Tennis Court None Tennis YN No Total Parking 3 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Cooling None Equipment Microwave Foundation Details None Heating Wall Laundry Garage

Property Features

Assessed Total Value 324903 Entry Floor Number 1 Gross Income 62040 Gross Operating Income 0 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Water Public Water Heaters YN Yes Year Built Source Other Zoning Lar2

Listing provided courtesy of Joel Daniel Rangel DRE#01827663 of Coldwell Banker Realty: 424-280-7400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-03T14:43:10.623. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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