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1551 E 108Th St, Los Angeles, CA 90059
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1551 E 108Th St Los Angeles, CA 90059

$550,000 Sold Price as of 10/23/2023
  • 208 Beds
  • 104 Baths
  • 1,686 Sq.Ft.
Sold
$550,000 Sold Price as of 10/23/2023 Refinance Your Mortgage
Map preview of 1551 E 108Th St, Los Angeles, CA 90059

Property Overview: 1551 E 108Th St Los Angeles, CA has 208 bedrooms, 104 bathrooms, 1,686 living square feet and 7,691 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Here is the opportunity to own your own Duplex. Investments like this don't come around often. Both units are spacious and have good storage space. The kitchen and dining area is surprisingly sizeable for this layout. Each unit has its own washer and dryer hook-up. The rear unit has central heating. The backyard is spacious. The seller will vacate the current tenant. Unit 1559 is also for sale. Let's make a deal. This a Trust sale, The sale is AS-IS, WHERE-IS, buyer is advise to perform their due diligence to satisfy themselves with all components, square footage and permits. This property must be purchased with 1559 E. 108th.

Listed by Regina Hooks | BRE #01207855 | Robert Pitts Estates
Last checked: 15 minutes ago | Last updated: October 26th, 2023 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
7,691
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23282493
City
Los Angeles
County
Los Angeles
Time on Site
324 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 51
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 53
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 69.44
  • Gross Scheduled Income: --
  • Net Operating Income: $8,400
  • Gross Operating Income: $8,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1551 E 108Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 6065014031
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Central and West of Compton
View more facts & features

Local Los Angeles Agent

Sale History for 1551 E 108Th St

Last sold for $550,000 on October 23rd, 2023

  • October, 2023

  • Oct 23, 2023

    Date

    Sold

    CRMLS: 23282493

    $550,000

    Price

  • Jun 17, 2023

    Date

    Active

    CRMLS: 23282493

    $625,000

    Price

Tax History for 1551 E 108Th St

Assessed Value (2020): $41,630
Year Land Value Improved Value Assessed Value
2020 $10,727 $30,903 $41,630

Home Value Compared to the Market

This property vs the competition

1551 E 108Th St sold on October 23, 2023 for 41.18% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $415.18 per/sqft which puts the price per square foot 45.01% lower than the current median sale per square foot for the city of Los Angeles.

About 1551 E 108Th St

Detailed summary of property

1551 E 108Th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 208 bedrooms, 104 bathrooms, roughly 1,686 living square feet, and sits on an approximately 7,691 square foot lot. 1551 E 108Th St was first listed on ArdentRealEstateGroup.com on June 20, 2023. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.18% lower than the current median priced home. Local homes that are currently for sale include 10409 S Figueroa St, 10409 S Figueroa St and 240 W 82nd St. While the average home in Los Angeles, CA is selling in 94 days, 1551 E 108Th St has a days on market of 54 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 1551 E 108Th 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 1551 E 108Th St

Public county record property details
Beds
4
Baths
2
Year built
1961
Sq. Ft.
1,686
Lot Size
7,690
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
148,149
APN
6065-014-031

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
$574,900
Median List Price/Sq.Ft.
$509
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

Thinking of Selling?

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(714) 706-1823

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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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