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Listing Details

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On Site
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School Ratings & Info

Description

Amazing opportunity for experienced investor or first time home buyer to own a very well maintained income property in Los Angeles. All units will be delivered 100% vacant! Property is centrally located to Downtown, LAX, and all major freeways. Over 2,500SqFt between both units, 1 unit is 5 bedrooms 4 bath, 2nd unit is 1 bedroom 1 bath. Plenty of street and on site parking. There is also a common laundry area for both units. Live in one unit and rent the other unit or rent both units for positive cash flow. Do not miss out on this great opportunity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T22:42:49.243. 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.brandiprattrealestate.com/homes/118055166
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1419 E 111Th St Los Angeles, CA 90059

  • Price: $750,000
  • Status: Active
  • Updated: 84 min ago
  • ID#: 21-746358
5
Beds
0
Baths
0
½ Baths
0.13
Acres
2,659
SQFT
$282
$/SQFT
1924
Built
Neighborhood:
Metropolitan South
County:
Los Angeles
Area:
Metropolitan South
Property Description
Amazing opportunity for experienced investor or first time home buyer to own a very well maintained income property in Los Angeles. All units will be delivered 100% vacant! Property is centrally located to Downtown, LAX, and all major freeways. Over 2,500SqFt between both units, 1 unit is 5 bedrooms 4 bath, 2nd unit is 1 bedroom 1 bath. Plenty of street and on site parking. There is also a common laundry area for both units. Live in one unit and rent the other unit or rent both units for positive cash flow. Do not miss out on this great opportunity.
Exterior Features

Lot Size Area 5678 Other Structures Other Parking Garage Carport DetachedDriveway Total Parking 6

Interior Features

Baths Total 5.00 Cooling None Equipment WasherDryerRange/Oven Heating Wall Gas

Property Features

Assessed Total Value 424482 Electric Expense 150.00 Gardener Expense 30.00 Gross Income 51600 Gross Operating Income 51600 Insurance Expense 100.00 Like Units1 1 Like Units2 1 Net Operating Income 46440.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 700 Type Of Units 2 Water Expense 200.00 Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Raul Herrera DRE#02043227 of Exp Realty Of California Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T22:42:49.243. 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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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583