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10116 S Vermont Ave, Los Angeles, CA 90044
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10116 S Vermont Ave Los Angeles, CA 90044

$995,000
  • 8 Beds
  • 4 Baths
  • 2,416 Sq.Ft.
For Sale
$995,000 Get Pre-Qualified
Map preview of 10116 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 10116 S Vermont Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,416 living square feet and 6,277 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: CASH FLOW. All similar 2-bedroom detached units, with all tenants renting with Section 8 vouchers. Lots of upside in rents. 5 open parking spaces in rear. Buyer to cooperate with sellers' 1031 exchange.

Listed by Daniel Poyourow | BRE #00853908 | Post Realty
Last checked: 12 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
6,277
HOA Dues
$0/mo
Year built
1943
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24383347
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,567
  • Total Rent: $1,567
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,353
  • Total Rent: $1,353
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,938
  • Total Rent: $1,938
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,174
  • Total Rent: $1,174
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.74
  • Gross Scheduled Income: --
  • Net Operating Income: $48,621
  • Gross Operating Income: $70,228
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $12,437
  • Gardener: $900
  • Insurance: $2,100
  • Maintenance: $2,400
  • Water/Sewer: $3,000

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Property Details for 10116 S Vermont Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community, Window Bars
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Off Site, Side by Side, Unassigned, Uncovered
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6054012001
  • Architectural Style: Cottage
  • Foundation Details: Slab
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Vermont Ave, just south of Century Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 10116 S Vermont Ave

View property's historical transactions

  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: 24383347

    $995,000

    Price

Tax History for 10116 S Vermont Ave

Assessed Value (2020): $283,095
Year Land Value Improved Value Assessed Value
2020 $137,257 $145,838 $283,095

Home Value Compared to the Market

This property vs the competition

10116 S Vermont Ave is listed 19.43% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $411.84 per/sqft which puts the price per square foot 46.79% lower than the median price per square foot for the city of Los Angeles.

About 10116 S Vermont Ave

Detailed summary of property

10116 S Vermont Ave is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 2,416 living square feet, and sits on an approximately 6,277 square foot lot. 10116 S Vermont Ave was first listed on ArdentRealEstateGroup.com on April 23, 2024. The homeowner is currently asking $995,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.43% lower than the median priced home. Local competing homes currently for sale include 1552 W 103rd St, 1035 W 89th St and 1353 W 90th St. While the average home in Los Angeles, CA is selling in 94 days, 10116 S Vermont Ave has a days on market of 13 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 10116 S Vermont Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10116 S Vermont Ave

Public county record property details
Beds
8
Baths
4
Year built
1943
Sq. Ft.
2,416
Lot Size
6,276
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6054-012-001

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
82
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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