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1423 E 109Th St Los Angeles, CA 90059

$670,000 Sold Price as of 04/16/2020

9 Beds
6 Baths
-- Sq.Ft.

Sold

$670,000 Sold Price as of 04/16/2020 Refinance Your Mortgage

Map preview of 1423 E 109Th St, Los Angeles, CA 90059

Property Overview: 1423 E 109Th St Los Angeles, CA has 9 bedrooms, 6 bathrooms, -- living square feet and 3,845 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DUPLEX!! DUPLEX!! Located near the 110 Frwy and 105 Frwy. Great for first time home buyers or investors. Newer well-maintained turnkey duplex in excellent condition. This duplex features 3 bedrooms, 2 baths with 2612sf of living space. Each unit has 3 lovely bedrooms which include one Master Bedroom complete with a good size closet and a beautiful bathroom. It has its own washer and dryer hookup. Perfect for owner occupant. The property was newly built in 2014 and centrally located in South LA. Seller was living in one and renting the other unit. This investment property will not last. One unit will be delivered vacant. Please do not disturb tenants!! Must see!!!

Listed by Ted Alcantara | BRE #01788552 | Keller Williams Downtown LA

Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft: 3,845
HOA Dues: $0/mo
Year built: 2014
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20560540
City: Los Angeles
County: Los Angeles
Time on Site: 1354 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,200
Total Rent: $2,200
Pro Forma/Market Rent: $2,500

Unit Breakdown 2

# of Units: 2
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Total Rent: --
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 12.47
Gross Scheduled Income: --
Net Operating Income: $41,829
Gross Operating Income: $52,800

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $624
Insurance: $58
Water/Sewer: $233

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 1423 E 109Th St

Interior Features

Heating Information

Has Heating
Wall Furnace

Kitchen Information

Has Appliances
Dishwasher

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway - Combination

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 2
Parcel Number: 6070002048

Location / Neighborhood

Location Information

Directions: south of Central avenue and north of Century Blvd

View more facts & features

Local Los Angeles Agent

Sale History for 1423 E 109Th St

Last sold for $670,000 on April 16th, 2020

April, 2020
Apr 21, 2020

Date

Sold

CRMLS: 20560540

$670,000

Price
Mar 12, 2020

Date

Active Under Contract

CRMLS: 20560540

$658,888

Price
Mar 8, 2020

Date

Active

CRMLS: 20560540

$658,888

Price
April, 2020
Apr 16, 2020

Date

Sold (Public Records)

Public Records

$670,000

Price
February, 2018
Feb 10, 2018

Date

Sold

CRMLS: DW17264485

$579,000

Price
Jan 25, 2018

Date

Active Under Contract

CRMLS: DW17264485

$599,999

Price
Dec 6, 2017

Date

Pending

CRMLS: DW17264485

$599,999

Price
Nov 27, 2017

Date

Active

CRMLS: DW17264485

$599,999

Price
Listing provided courtesy of CRMLS

DUPLEX JUST BUILT IN 2015! Huge 2 Story Duplex '3 Bedrooms/2 Bath Each Unit' come with Beautiful kitchen cabinets, New counters with plenty counter space, dual stainless steel sinks, tile floors in kitchen & baths, gorgeous wood flooring throughout living areas, each unit has its very own laundry room. Huge lit Carport, along with plenty more gated parking, home is fully gated w/ wrought iron fence for privacy. Perfect for a big family or Investor looking for Positive Cash Flow Prop/Non Rent Control Property....

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February, 2018
Feb 9, 2018

Date

Sold (Public Records)

Public Records

$579,000

Price

Tax History for 1423 E 109Th St

Assessed Value (2020): $602,391

Year	Land Value	Improved Value	Assessed Value
2020	$197,676	$404,715	$602,391

Home Value Compared to the Market

This property vs the competition

1423 E 109Th St sold on April 16, 2020 for 41.17% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1423 E 109Th St

Detailed summary of property

1423 E 109Th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 9 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 3,845 square foot lot. 1423 E 109Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $670,000. 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 41.17% lower than the current median priced home. Local homes that are currently for sale include 1643 E 87th Pl, 114 W 110th St and 1141 E 84th Pl. While the average home in Los Angeles, CA is selling in 106 days, 1423 E 109Th St has a days on market of 11 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1423 E 109Th 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 1423 E 109Th St

Public county record property details

Beds: 6
Baths: 4
Year built: 2014
Sq. Ft.: 2,612
Lot Size: 3,845
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 331
APN: 6070-002-048

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

$580,000

Median List Price/Sq.Ft.

$533

Median Sold Price

$615,000

Median Sold Price/Sq.Ft.

$504

Total Inventory

Median Sale to List Price %

102.52%

Avg Days on Market

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.