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1014 W 108Th St, Los Angeles, CA 90044
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1014 W 108Th St Los Angeles, CA 90044

$598,000 Sold Price as of 08/29/2019
  • 4 Beds
  • 3 Baths
  • 1,790 Sq.Ft.
Sold
$598,000 Sold Price as of 08/29/2019 Refinance Your Mortgage
Map preview of 1014 W 108Th St, Los Angeles, CA 90044

Property Overview: 1014 W 108Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,790 living square feet and 5,808 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is a triplex consisting of a duplex (1016 - 1016 1/2 W. 108th St) and a cozy single family residence (1014 W. 108th St). Enhancements: copper plumbing in duplex; Nov. 2014 new roof, including wood replacement on duplex and new roof but not wood replacement on single family residence; June 2017 granite counter top in Unit 1016; July 2018 new cast iron tub installed in single family residence; 2018 exterior painted; 2019 exterior trim painted; other enhancements: wrought iron fence installed; wrought iron crawl vents installed; private area behind single family residence; units have tiled shower areas, tiled kitchen counter in Unit 1016 1/2. Assessor's Records show 3 bedrooms but one unit in duplex has two bedrooms. Buyer is advised to independently verify the accuracy of all infomation. Site plan and floor plan included to attach addition to unit #2 (bedroom + bathroom remodel). Initial plans submitted to Building & Safety and approved but construction never started.

Listed by Sharon C. Williams | BRE #01336740 | Waters Real Estate Services
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
5,808
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19488912
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,545
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,406
  • Total Rent: $1,406
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,767
  • Total Rent: $1,767
  • Pro Forma/Market Rent: $1,820
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.4%
  • Gross Rent Multiplier: 10.5
  • Gross Scheduled Income: --
  • Net Operating Income: $37,573
  • Gross Operating Income: $56,076
  • Improvements Total: $145,777
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $51
  • Gas/Fuel: $158
  • Insurance: $1,122
  • Maintenance: $8,282
  • Water/Sewer: $890

Property Details for 1014 W 108Th St

Interior Features
Room Information
  • Flooring: Carpet, Vinyl
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Security Features: Window Bars, Security Lights, Fire and Smoke Detection System, Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street, Parking Space, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6076004010
Location / Neighborhood
Location Information
  • Directions: Between Century Boulevard and Imperial Highway, One Block West of Vermont Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 1014 W 108Th St

Last sold for $598,000 on August 29th, 2019

  • August, 2019

  • Aug 31, 2019

    Date

    Sold

    CRMLS: 19488912

    $598,000

    Price

  • Jul 25, 2019

    Date

    Active Under Contract

    CRMLS: 19488912

    $589,000

    Price

  • Jul 16, 2019

    Date

    Active

    CRMLS: 19488912

    $589,000

    Price

  • August, 2019

  • Aug 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $598,000

    Price

  • April, 2005

  • Apr 8, 2005

    Date

    Sold (Public Records)

    Public Records

    $397,500

    Price

Show More

Tax History for 1014 W 108Th St

Assessed Value (2020): $598,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $98,000 $598,000

Home Value Compared to the Market

This property vs the competition

1014 W 108Th St sold on August 29, 2019 for 47.88% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $329.05 per/sqft which puts the price per square foot 56.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1014 W 108Th St

Detailed summary of property

1014 W 108Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,790 living square feet, and sits on an approximately 5,808 square foot lot. 1014 W 108Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $598,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.88% lower than the current median priced home. Local homes that are currently for sale include 7407 S Figueroa St, 1513 W Florence Ave and 936 E 91st St. While the average home in Los Angeles, CA is selling in 99 days, 1014 W 108Th St has a days on market of 5 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1014 W 108Th St 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 1014 W 108Th St

Public county record property details
Beds
3
Baths
3
Year built
1927
Sq. Ft.
1,790
Lot Size
5,808
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
6076-004-010

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
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
87
Median Sale to List Price %
101.64%
Avg Days on Market
21
Loan Type
Conventional (22.22%), FHA (55.56%), VA (0%), Cash (11.11%), 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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