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220 W 112Th St, Los Angeles, CA 90061
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220 W 112Th St Los Angeles, CA 90061

$940,000 Sold Price as of 04/02/2021
  • 10 Beds
  • 6 Baths
  • 3,700 Sq.Ft.
Sold
$940,000 Sold Price as of 04/02/2021 Refinance Your Mortgage
Map preview of 220 W 112Th St, Los Angeles, CA 90061

Property Overview: 220 W 112Th St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,700 living square feet and 7,208 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 220 W 112th Street is a newly constructed Duplex in the gentrifying market of South Los Angeles. Located just off Highways 110 and 105, this investment property has proximity to Los Angeles International Airport, and the new NFL Stadium being built in Inglewood.With state-of-the-art finishes to the interior units, an investor will be able to achieve market rents for the area, and thus enjoy great cash on cash return on their investment. Important to note that these units are individually metered for ALL utilities, making this a low maintenance, cash cow moving forward. Having been built in 2019, this opportunity is NOT subject to rent-control.

Listed by David Harrington | BRE #01320460 | Matthews Real Estate Investment Services
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 97

Home details

Lot Sq. Ft
7,208
HOA Dues
$0/mo
Year built
2019
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19505228
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $7,000
  • Pro Forma/Market Rent: $7,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.19
  • Gross Scheduled Income: --
  • Net Operating Income: $64,535
  • Gross Operating Income: $81,480
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 220 W 112Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 6074023068
Location / Neighborhood
Location Information
  • Directions: Imperial Hwy to Athens Way to W 112th St
View more facts & features

Local Los Angeles Agent

Sale History for 220 W 112Th St

Last sold for $940,000 on April 2nd, 2021

  • April, 2021

  • Apr 2, 2021

    Date

    Sold

    CRMLS: 19505228

    $940,000

    Price

  • Apr 21, 2020

    Date

    Pending

    CRMLS: 19505228

    $940,000

    Price

  • Feb 29, 2020

    Date

    Expired

    CRMLS: 19505228

    $940,000

    Price

  • Jan 20, 2020

    Date

    Withdrawn

    CRMLS: 19505228

    $940,000

    Price

  • Dec 16, 2019

    Date

    Active

    CRMLS: 19505228

    $940,000

    Price

  • Nov 4, 2019

    Date

    Pending

    CRMLS: 19505228

    $940,000

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: 19505228

    $940,000

    Price

  • Sep 7, 2019

    Date

    Pending

    CRMLS: 19505228

    $940,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: 19505228

    $940,000

    Price

  • November, 2018

  • Nov 20, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2017

  • Jul 5, 2017

    Date

    Sold (Public Records)

    Public Records

    $325,500

    Price

Show More

Tax History for 220 W 112Th St

Assessed Value (2020): $791,826
Year Land Value Improved Value Assessed Value
2020 $403,920 $387,906 $791,826

Home Value Compared to the Market

This property vs the competition

220 W 112Th St sold on April 2, 2021 for 21.01% 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 $254.05 per/sqft which puts the price per square foot 66.35% lower than the current median sale per square foot for the city of Los Angeles.

About 220 W 112Th St

Detailed summary of property

220 W 112Th St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,700 living square feet, and sits on an approximately 7,208 square foot lot. 220 W 112Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $940,000. 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 21.01% lower than the current median priced home. Local homes that are currently for sale include 949 E 113th St, 1126 W 120th St and 1136 W 101St St. While the average home in Los Angeles, CA is selling in 94 days, 220 W 112Th St has a days on market of 97 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 220 W 112Th St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 220 W 112Th St

Public county record property details
Beds
10
Baths
8
Year built
2018
Sq. Ft.
3,650
Lot Size
7,208
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
246
APN
6074-023-068

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$579,000
Median List Price/Sq.Ft.
$494
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
30
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Homes for Sale Near 220 W 112Th St

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Recently Sold Homes Near 220 W 112Th St

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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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