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226 W 109Th St, Los Angeles, CA 90061
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226 W 109Th St Los Angeles, CA 90061

$550,000 Sold Price as of 09/27/2019
  • 4 Beds
  • 3 Baths
  • 1,806 Sq.Ft.
Sold
$550,000 Sold Price as of 09/27/2019 Refinance Your Mortgage
Map preview of 226 W 109Th St, Los Angeles, CA 90061

Property Overview: 226 W 109Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,806 living square feet and 5,321 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible investment opportunity. Well maintained duplex in prime location, to be delivered vacant. Front house features 2 beds/1 bath, rear unit with 2 beds/2 bath. Buyer to participate in Sellers 1031 Exchange at no cost to Buyer.

Listed by Richard Schulman | BRE #01427211 | Keller Williams-Santa Monica
Co-listed by Mona Marinova | BRE #01709986 | Keller Williams Realty Westsid
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,321
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19486070
City
Los Angeles
County
Los Angeles
Time on Site
1218 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,020
  • Total Rent: $1,020
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $224,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 226 W 109Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6074014009
Location / Neighborhood
Location Information
  • Directions: S. Broadway to 109th Street
View more facts & features

Local Los Angeles Agent

Sale History for 226 W 109Th St

Last sold for $550,000 on September 27th, 2019

  • September, 2019

  • Sep 27, 2019

    Date

    Sold

    CRMLS: 19486070

    $550,000

    Price

  • Jul 25, 2019

    Date

    Active Under Contract

    CRMLS: 19486070

    $525,000

    Price

  • Jul 8, 2019

    Date

    Active

    CRMLS: 19486070

    $525,000

    Price

  • September, 2019

  • Sep 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • February, 2019

  • Feb 4, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2018

  • Dec 1, 2018

    Date

    Expired

    CRMLS: 18368396

    $499,000

    Price

  • Sep 11, 2018

    Date

    Price Change

    CRMLS: 18368396

    $499,000

    Price

  • Jul 24, 2018

    Date

    Active

    CRMLS: 18368396

    $529,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity. Beautiful duplex located in the heart of Los Angeles. Built in 1965, this well-maintained duplex boasts a front house 2bd/1ba and rear unit 2nd/2ba. Both units are occupied so please be respectful and do not disturb tenants. Buyer to cooperate with 1031 exchange at no charge to buyer.**Motivated Seller**

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Tax History for 226 W 109Th St

Assessed Value (2020): $550,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $200,000 $550,000

Home Value Compared to the Market

This property vs the competition

226 W 109Th St sold on September 27, 2019 for 55.88% 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 $290.7 per/sqft which puts the price per square foot 61.5% lower than the current median sale per square foot for the city of Los Angeles.

About 226 W 109Th St

Detailed summary of property

226 W 109Th St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,806 living square feet, and sits on an approximately 5,321 square foot lot. 226 W 109Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. 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 55.88% lower than the current median priced home. Local homes that are currently for sale include 731 E 84th St, 845 E 80th St and 1643 E 87th Pl. While the average home in Los Angeles, CA is selling in 94 days, 226 W 109Th St has a days on market of 17 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 226 W 109Th 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 226 W 109Th St

Public county record property details
Beds
5
Baths
3
Year built
1965
Sq. Ft.
1,806
Lot Size
5,320
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
6074-014-009

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
$598,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
29
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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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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