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1775 E 108th St, Los Angeles, CA 90059
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1775 E 108th St Los Angeles, CA 90059

$850,000 Sold Price as of 12/31/2019
  • 10 Beds
  • 8 Baths
  • 4,100 Sq.Ft.
Sold
$850,000 Sold Price as of 12/31/2019 Refinance Your Mortgage
Map preview of 1775 E 108th St, Los Angeles, CA 90059

Property Overview: 1775 E 108th St Los Angeles, CA has 10 bedrooms, 8 bathrooms, 4,100 living square feet and 6,267 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors dream. 6.43% CAP investment property. This duplex has been Built in 2016, and has no Rent Control. The property consists of 2 large, 5Br + 3.5 Bath Units with 4100 total living sq ft. Additionally, there is covered parking deriving additional income of $221.00 per month. Make this investment property a part of your investment portfolio!

Listed by Nerses Ananyan | BRE #01320968 | Titus Realty, Inc.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,267
HOA Dues
$0/mo
Year built
2016
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR19249339
City
Los Angeles
County
Los Angeles
Time on Site
1345 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,694
  • Total Rent: $2,694
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,692
  • Total Rent: $2,692
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,284
  • Net Operating Income: $56,530
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $221
  • Garage Rental Income: $2,652
Annual Expense Breakdown
  • Total Operating Expense: $10,753
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,000
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $0

Virtual Tour

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Property Details for 1775 E 108th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6065035044
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Wlminton ave and 108th st
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1775 E 108th St

Last sold for $850,000 on December 31st, 2019

  • October, 2020

  • Oct 1, 2020

    Date

    Expired

    CRMLS: PW20184338

    $3,200

    Price

  • Sep 4, 2020

    Date

    Active

    CRMLS: PW20184338

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    SUPER SPACIOUS 2 STORY BACK UNIT FOR RENT! 5 BED 3.5 BATH 2100 SF FOR ONLY $3200 WITH PLENTY OF PARKING!! DUPLEX PROPERTY WITH SEPARATED UNITS WHICH GIVES IT PRIVACY. HUGE MODERN KITCHEN WITH BRAND NEW STAINLESS STEEL APPLIANCES !! (STOVE AND REFRIGERATOR) LAMINATED WOOD FLOORING IN STAIRS AND BED ROOMS. TILE FLOORING IN KITCHEN AND LIVING ROOM. AC ATTACHED IN LIVING ROOM, LAUNDRY CONNECTIONS INSIDE UNIT. 2 MASTER BEDROOMS (FIRST FLOOR AND SECOND FLOOR! PLENTY OF CLOSET SPACE MOTION SENSORED LIGHTS IN RESTROOMS. WITH ITS OWN PRIVATE BACK YARD AND PATIO. CLOSE TO SCHOOLS AND METRO TRANSPORTATION! 1YEAR+MONTH TO MONTH ALL UTILITIES PAID BY TENANT INTERESTED??? CALL US TO SCHEDULE AN APPOINTMENT FOR VIEWING! BEFORE SCHEDULING, APPLICANTS MUST MEET OUR REQUIREMENTS *RENT REQUIREMENTS 1.FIRST STEP CREDIT CHECK CREDIT SCORE 650+/AT LEAST 2 PERSON 2.2ND STEP A.INCOME PROOF 2.5 TIMES THE ASKING RENT (FAMILY TOTAL INCOME) B.2 MONTHS PAY STUBS AND OR BANK STATEMENTS 3.COMPLETED APPLICATIONS & COPY OF ID'S 4. RENTERS INSURANCE REQUIRED YOU CAN OBTAIN AN INSURANCE OF YOUR CHOICE OR WE CAN PROVIDE IT FOR YOU!

  • January, 2020

  • Jan 5, 2020

    Date

    Sold

    CRMLS: SR19249339

    $850,000

    Price

  • Dec 9, 2019

    Date

    Pending

    CRMLS: SR19249339

    $879,000

    Price

  • Nov 11, 2019

    Date

    Active Under Contract

    CRMLS: SR19249339

    $879,000

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: SR19249339

    $879,000

    Price

  • December, 2019

  • Dec 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • September, 2019

  • Sep 19, 2019

    Date

    Expired

    CRMLS: WS19069576

    $900,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: WS19069576

    $900,000

    Price

  • Jun 6, 2019

    Date

    Hold

    CRMLS: WS19069576

    $900,000

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: WS19069576

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    5.7 % CAP RATE, Not Rent Control - Built in 2016! CASH COW great return on investment, or Live in one and rent out the other or rent both! There are five spacious bedrooms and four bathrooms each unit! 2,050 sqft each unit so it's a total of 4,100 sqft. Must see!

  • September, 2019

  • Sep 19, 2019

    Date

    Expired

    CRMLS: WS19069495

    $900,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: WS19069495

    $900,000

    Price

  • Jun 6, 2019

    Date

    Hold

    CRMLS: WS19069495

    $900,000

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: WS19069495

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    5.7 % CAP RATE, Not Rent Control - Built in 2016! CASH COW great return on investment, or Live in one and rent out the other or rent both! There are five spacious bedrooms and four bathrooms each unit! 2,050 sqft each unit so it's a total of 4,100 sqft. Must see!

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Tax History for 1775 E 108th St

Assessed Value (2020): $850,000
Year Land Value Improved Value Assessed Value
2020 $450,000 $400,000 $850,000

Home Value Compared to the Market

This property vs the competition

1775 E 108th St sold on December 31, 2019 for 21.52% 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 $214.39 per/sqft which puts the price per square foot 70.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1775 E 108th St

Detailed summary of property

1775 E 108th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 4,100 living square feet, and sits on an approximately 6,267 square foot lot. 1775 E 108th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $850,000. 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 21.52% lower than the current median priced home. Local homes that are currently for sale include 10115 Avalon Blvd, 926 E 87th Pl and 913 E 87th St. While the average home in Los Angeles, CA is selling in 106 days, 1775 E 108th St has a days on market of 18 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1775 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 1775 E 108th St

Public county record property details
Beds
10
Baths
8
Year built
2016
Sq. Ft.
4,168
Lot Size
6,249
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,17
APN
6065-035-044

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
$598,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$504
Total Inventory
41
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%)

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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