1376 E 111th St, Los Angeles, CA 90059
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1376 E 111th St Los Angeles, CA 90059

$785,000 Sold Price as of 02/08/2023
  • 5 Beds
  • 3 Baths
  • 2,128 Sq.Ft.
Sold
$785,000 Sold Price as of 02/08/2023 Refinance Your Mortgage

Map preview of 1376 E 111th St, Los Angeles, CA 90059

Property Overview: 1376 E 111th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,128 living square feet and 13,572 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment property with tenants paying near market value rent. Back house was built brand new 2 years ago and is 3 bedroom 2 bathroom. The front house is 3 bedroom and 1 bath, has also been recently updated. This is a low maintenace property with great tenants.

Listed by Chris Mark | BRE #01883652 | Far West Realty
Last checked: 12 minutes ago | Last updated: February 8th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
13,572
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
RS22251508
City
Los Angeles
County
Los Angeles
Time on Site
655 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,000
  • Net Operating Income: $67,940
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,060
  • Trash: $240
  • Insurance: $1,900
  • Water/Sewer: $1,920

Property Details for 1376 E 111th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6070011005
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: see map
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1376 E 111th St

Last sold for $785,000 on February 8th, 2023
  • February, 2023

  • Feb 8, 2023

    Date

    Sold

    CRMLS: RS22251508

    $785,000

    Price

  • Dec 6, 2022

    Date

    Active

    CRMLS: RS22251508

    $850,000

    Price

  • February, 2020

  • Feb 5, 2020

    Date

    Sold

    CRMLS: RS19208361

    $625,000

    Price

  • Oct 22, 2019

    Date

    Pending

    CRMLS: RS19208361

    $650,000

    Price

  • Aug 31, 2019

    Date

    Active

    CRMLS: RS19208361

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property now for sale. 2 separate homes on a large 13,571 sqft lot. The front home is 3 bed and 1bath room and is currently rented. The rear home is 3 bed and 2 bath and was just finished being built from the ground up. Brand new kitchen, windows, floors, complete fire sprinkler system throughout and has just been completed. Property has room for another 3rd unit to be built in the future. This high income generating property will not last long.

  • January, 2020

  • Jan 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

  • December, 2017

  • Dec 22, 2017

    Date

    Sold

    CRMLS: 17268404

    $350,000

    Price

  • Sep 25, 2017

    Date

    Pending

    CRMLS: 17268404

    $359,999

    Price

  • Sep 12, 2017

    Date

    Active

    CRMLS: 17268404

    $359,999

    Price

  • Listing provided courtesy of CRMLS

    Great property for your first time home buyer. Huge lot size. Two bedrooms and one bath. Property to be sold "as is" condition.

  • December, 2017

  • Dec 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

Show More

Tax History for 1376 E 111th St

Assessed Value (2020): $551,140
Year Land Value Improved Value Assessed Value
2020 $208,080 $343,060 $551,140

Home Value Compared to the Market

This property vs the competition

1376 E 111th St sold on February 8, 2023 for 24.11% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $399.44 per/sqft which puts the price per square foot 44.83% lower than the current median sale per square foot for the city of Los Angeles.

About 1376 E 111th St

Detailed summary of property

1376 E 111th St is a single family home that recently sold in Los Angeles, CA 90059. This house offered 5 bedrooms, 3 bathrooms, roughly 2,128 living square feet, and sits on an approximately 13,572 square foot lot. 1376 E 111th St was first listed on ArdentRealEstateGroup.com on December 7, 2022. The homeowner sold the property for $785,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.11% lower than the current median priced home. Local homes that are currently for sale include 344 E 131st St, 1665 E 84th St and 705 E 85th St. While the average home in Los Angeles, CA is selling in 105 days, 1376 E 111th St has a days on market of 14 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 1376 E 111th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1376 E 111th St

Public county record property details
Beds
5
Baths
3
Year built
--
Sq. Ft.
2,128
Lot Size
13,571
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
C
APN
6070-011-005

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$585,000
Median List Price/Sq.Ft.
$533
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$504
Total Inventory
39
Median Sale to List Price %
102.52%
Avg Days on Market
29
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (16.67%), 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.