1609 W 107Th St, Los Angeles, CA 90047
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1609 W 107Th St Los Angeles, CA 90047

$700,000
  • 3 Beds
  • 3 Baths
  • 1,794 Sq.Ft.
For Sale
$700,000 Get Pre-Qualified

Map preview of 1609 W 107Th St, Los Angeles, CA 90047

Property Overview: 1609 W 107Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,794 living square feet and 5,672 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover an enticing investment in the heart of Los Angeles with this triplex. Priced competitively at $700,000, this property in Unincorporated Los Angeles County offers three 1-bedroom/1-bathroom units and the potential for two additional ADUs. With approved floor plans and permits, each ADU provides 535 sq ft of extra living space. Separate metering for electricity and gas, along with the owner covering water and trash expenses, ensures convenience. Don't miss this opportunity to maximize rental income and expand your investment portfolio!

Listed by Chelsie Arellano | BRE #02202972 | Realty World Experts
Last checked: 13 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
5,672
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
DW24079780
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,320
  • Total Rent: $1,320
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,066
  • Total Rent: $1,066
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $858
  • Total Rent: $858
  • Pro Forma/Market Rent: $1,895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,040
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,500
  • Water/Sewer: $0

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Property Details for 1609 W 107Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
Interior Features
  • Formica Counters
  • Levels: One
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Vinyl, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6059014006
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Craftsman
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: 107th /Normandie
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 1609 W 107Th St

Last sold for $640,000 on December 27th, 2021
  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: DW24079780

    $700,000

    Price

  • April, 2024

  • Apr 9, 2024

    Date

    Canceled

    CRMLS: CV23211744

    $795,000

    Price

  • Nov 15, 2023

    Date

    Active

    CRMLS: CV23211744

    $795,000

    Price

  • Listing provided courtesy of CRMLS

    Tri-Plex with 2 ADU Conversions! Discover an exceptional investment opportunity in the vibrant city of Los Angeles. We are delighted to present this newly listed multi-family residential property priced to sell at $795,000. Boasting a prime location in Unincorporated Los Angeles County, this property includes not just one, but two "Shovel Ready" ADUs. This property comprises three existing 1-bedroom/1-bathroom single-story units, offering comfortable and sought-after living space. With a generous building size of 1,794 sq ft on a spacious 5,670 sq ft lot, the property also offers ADU Potential! Two ADU conversions, each measuring 535 sq ft, have been thoughtfully approved, complete with floor plans and permits (Utilizing existing garage parking spaces.) These valuable additions provide an opportunity for increased rental income or expansion potential for the discerning investor. Each unit is separately metered for electricity and gas, while the owner pays for water and trash. The plans and permits for the ADU conversions will be provided to the buyer, streamlining the investment process.

  • July, 2021

  • Jul 30, 2021

    Date

    Active

    CRMLS: 21767196

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own this Tri-Plex in the heart of Los Angeles. Great opportunity to add value to this long term tenant occupied and maintained building. Three one bedroom one bath fully rented units are accompanied by dedicated garages for each unit ( Separate From Living space on property ). Located in Westmont a few blocks from Inglewood and a short drive to the stadium the possibilities are endless.

  • September, 2011

  • Sep 30, 2011

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

  • October, 2005

  • Oct 4, 2005

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

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Tax History for 1609 W 107Th St

Assessed Value (2020): $264,148
Year Land Value Improved Value Assessed Value
2020 $206,727 $57,421 $264,148

Home Value Compared to the Market

This property vs the competition

1609 W 107Th St is listed 42.86% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $390.19 per/sqft which puts the price per square foot 49.59% lower than the median price per square foot for the city of Los Angeles.

About 1609 W 107Th St

Detailed summary of property

1609 W 107Th St is a triplex located in Los Angeles, CA 90047 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 1,794 living square feet, and sits on an approximately 5,672 square foot lot. 1609 W 107Th St was first listed on ArdentRealEstateGroup.com on April 22, 2024. The homeowner is currently asking $700,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 42.86% lower than the median priced home. Local competing homes currently for sale include 637 W Century Blvd, 800 W 92nd St and 1538 W 85th St. While the average home in Los Angeles, CA is selling in 96 days, 1609 W 107Th St has a days on market of 11 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1609 W 107Th St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1609 W 107Th St

Public county record property details
Beds
3
Baths
3
Year built
1949
Sq. Ft.
1,794
Lot Size
5,670
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
6059-014-006

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), 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.