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1570 E 110th St Los Angeles, CA 90059

$805,000 Sold Price as of 10/13/2021

4 Beds
5 Baths
2,052 Sq.Ft.

Sold

$805,000 Sold Price as of 10/13/2021 Refinance Your Mortgage

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Map preview of 1570 E 110th St, Los Angeles, CA 90059

Property Overview: 1570 E 110th St Los Angeles, CA has 4 bedrooms, 5 bathrooms, 2,052 living square feet and 4,162 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this five unit offering, located in the City of Los Angeles. The unit mix consists of four 1+1 units and one large commercial unit. The commercial unit is currently vacant, and can be converted into an ADU and rented out for additional income. On-site parking includes two secure one-car driveways, with plenty of street parking available nearby. Recent property upgrades include a new roof (2018), updated aluminum windows throughout, new exterior lighting, new exterior paint, new exterior wrought iron, and new exterior building and unit numbers. Additionally, the four occupied 1+1 units have all been remodeled within the last two years, and the property is separately metered for gas & electricity. The property is located in a Qualified Opportunity Zone, the property is subject to City of Los Angeles Rent Stabilization Ordinance, and not subject to the Los Angeles Soft-Story Retrofit Program.

Listed by Griffin White | BRE #02031785 | BRC Advisors- BH
Co-listed by Ian Hollinger | BRE #01889125 | BRC Advisors- BH

Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 134

Home details

Lot Sq. Ft: 4,162
HOA Dues: $0/mo
Year built: 1927
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21681854
City: Los Angeles
County: Los Angeles
Time on Site: 1204 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,509
Total Rent: $1,509
Pro Forma/Market Rent: $1,661

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,531
Total Rent: $1,531
Pro Forma/Market Rent: $1,661

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,500
Total Rent: $1,500
Pro Forma/Market Rent: $1,661

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,463
Total Rent: $1,463
Pro Forma/Market Rent: $1,661

Unit Breakdown 5

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $900
Total Rent: $900
Pro Forma/Market Rent: $900

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 10.25
Gross Scheduled Income: --
Net Operating Income: $60,060
Gross Operating Income: $78,701

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1570 E 110th St

Interior Features

Cooling Information

No Cooling
None

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 2

Property Information

Total # of Units: 5
Parcel Number: 6070008015

Location / Neighborhood

Location Information

Directions: The subject property is located in the City of Los Angeles. The property is situated south of Century Boulevard, north of Imperial Highway, west of Compton Avenue and east of Central Avenue.

View more facts & features

Local Los Angeles Agent

Sale History for 1570 E 110th St

Last sold for $805,000 on October 13th, 2021

October, 2021
Oct 14, 2021

Date

Sold

CRMLS: 21681854

$805,000

Price
Jun 17, 2021

Date

Active Under Contract

CRMLS: 21681854

$849,000

Price
Jan 29, 2021

Date

Price Change

CRMLS: 21681854

$849,000

Price
Jan 18, 2021

Date

Active

CRMLS: 21681854

$895,000

Price
July, 2019
Jul 12, 2019

Date

Sold (Public Records)

Public Records

$725,000

Price
September, 2018
Sep 8, 2018

Date

Sold

CRMLS: DW18194448

$380,000

Price
Aug 16, 2018

Date

Pending

CRMLS: DW18194448

$399,900

Price
Aug 10, 2018

Date

Active

CRMLS: DW18194448

$399,900

Price
Listing provided courtesy of CRMLS

Commercial Apartment complex in the area of Los Angeles, Corner lot, Sale is "AS IS", property is in good condition. Units are identical, Burger stand hasn't been used in years. Great opportunity for Investor/owner ...Must see!

Continue Reading
September, 2018
Sep 7, 2018

Date

Sold (Public Records)

Public Records

$380,000

Price
August, 2018
Aug 8, 2018

Date

Canceled

CRMLS: DW18176932

$419,900

Price
Jul 23, 2018

Date

Active

CRMLS: DW18176932

$419,900

Price
Listing provided courtesy of CRMLS

Commercial Apartment complex in the area of Los Angeles, Corner lot, Sale is "AS IS", property is in good condition. Units are identical, Burger stand hasn't been used in years. Great opportunity for Investor/owner ...Must see!

Continue Reading
June, 2018
Jun 22, 2018

Date

Canceled

CRMLS: DW18136501

$429,900

Price
Jun 8, 2018

Date

Active

CRMLS: DW18136501

$429,900

Price
Listing provided courtesy of CRMLS

Commercial Apartment complex in the area of Los Angeles, Corner lot, Sale is "AS IS", property is in good condition. All units are rented, Burger stand hasn't been used in years. Great opportunity for Investor/owner ...Must see!

Continue Reading
June, 2018
Jun 7, 2018

Date

Canceled

CRMLS: DW18115204

$449,900

Price
May 16, 2018

Date

Active

CRMLS: DW18115204

$449,900

Price
Listing provided courtesy of CRMLS

Commercial Apartment complex in the area of Los Angeles, Corner lot, Sale is "AS IS", property is in good condition. All units are rented, Burger stand hasn't been used in years. Great opportunity for Investor/owner ...Must see!

Continue Reading

Tax History for 1570 E 110th St

Assessed Value (2020): $725,000

Year	Land Value	Improved Value	Assessed Value
2020	$500,000	$225,000	$725,000

Home Value Compared to the Market

This property vs the competition

1570 E 110th St sold on October 13, 2021 for 28.66% 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 $413.74 per/sqft which puts the price per square foot 45.2% lower than the current median sale per square foot for the city of Los Angeles.

About 1570 E 110th St

Detailed summary of property

1570 E 110th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 2,052 living square feet, and sits on an approximately 4,162 square foot lot. 1570 E 110th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $805,000. 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 28.66% lower than the current median priced home. Local homes that are currently for sale include 1647 E 92nd St, 1158 E 88th Pl and 9712 S San Pedro St. While the average home in Los Angeles, CA is selling in 94 days, 1570 E 110th St has a days on market of 134 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 1570 E 110th 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 1570 E 110th St

Public county record property details

Beds: 4
Baths: 4
Year built: 1927
Sq. Ft.: 2,052
Lot Size: 4,162
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 606
APN: 6070-008-015

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

Median Sale to List Price %

99.28%

Avg Days on Market

Loan Type

Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

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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.