227 E 110Th St, Los Angeles, CA 90061
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227 E 110Th St Los Angeles, CA 90061

$775,000 Sold Price as of 12/08/2022
  • 6 Beds
  • 4 Baths
  • 2,056 Sq.Ft.
Sold
$775,000 Sold Price as of 12/08/2022 Refinance Your Mortgage

Map preview of 227 E 110Th St, Los Angeles, CA 90061

Property Overview: 227 E 110Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,056 living square feet and 5,323 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vacant front unit, waiting for owner-occupant looking for a generous investment and an excellent alternative to rent. With the rent from the rear unit ($1,970), it almost costs the same to own as to rent (potential rent for vacant unit = $3,200 / Total: $5,170). In 2004, the front unit was built new, and 30% of the rear unit's square feet were also built during the same year. With most houses in Los Angeles being constructed in the 30s and 50s, this property is young and built to more effective building standards. Also unique, the front unit has a spacious tile-covered 2-car garage, and the rear unit has its own one-car garage. Both have washer and dryer hookups. The ample driveway and front pavement mean plenty of parking beyond the garage space, a luxury in Los Angeles. Both units have separate addresses and electrical and gas meters. The front unit is newly remodeled. New paint, luxury vinyl plank floors, doors, vanities, fixtures, stove, microwave, and more were added. And as is recommended but hardly ever done due to the high expense, this property is newly fumigated and cleared of termites and other pests. Termite clearance and warranty are available for the new owners. This property is ready for a primary owner or investor looking for a move-in opportunity in a residential area where the median price for single-family homes has increased by over 260% in the past ten years, way above average for Los Angeles.

Listed by Joel Daniel Rangel | BRE #01827663 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: January 19th, 2023 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
5,323
HOA Dues
$0/mo
Year built
2004
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22195423
City
Los Angeles
County
Los Angeles
Time on Site
748 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,970
  • Total Rent: $1,970
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 227 E 110Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Kitchen Information
  • Has Appliances
  • Microwave
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • Pool Features: Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered, Garage - Single Door, Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 6073010017
  • Year Built Source: Other
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Heading south on San Pedro St., make a right on 110th st. Property is on the right hand side
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Sale History for 227 E 110Th St

Last sold for $775,000 on December 8th, 2022
  • January, 2023

  • Jan 19, 2023

    Date

    Canceled

    CRMLS: SB22254828

    $3,200

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: SB22254828

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    ***Completely remodeled front unit with attached 2 car garage and gated front yard with additional driveway parking*** New paint, floors and fixtures throughout. All bedrooms upstairs including primary suite and additional bathroom. Light and bright living room upstairs. Downstairs large kitchen has been remodeled with new stove/microwave. Garage has been refinished and can be used as a family room with washer/dryer included in rent. ***This property is just like renting an SFR so hurry it won't last***

  • December, 2022

  • Dec 8, 2022

    Date

    Sold

    CRMLS: 22195423

    $775,000

    Price

  • Aug 31, 2022

    Date

    Active

    CRMLS: 22195423

    $789,000

    Price

  • February, 2012

  • Feb 2, 2012

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

  • October, 2011

  • Oct 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

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Tax History for 227 E 110Th St

Assessed Value (2020): $321,573
Year Land Value Improved Value Assessed Value
2020 $149,302 $172,271 $321,573

Home Value Compared to the Market

This property vs the competition

227 E 110Th St sold on December 8, 2022 for 29.55% 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 $383.75 per/sqft which puts the price per square foot 47% lower than the current median sale per square foot for the city of Los Angeles.

About 227 E 110Th St

Detailed summary of property

227 E 110Th St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,056 living square feet, and sits on an approximately 5,323 square foot lot. 227 E 110Th St was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $775,000. 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 29.55% lower than the current median priced home. Local homes that are currently for sale include 120 W 92nd St, 126 E 89th St and 615 W Colden Ave. While the average home in Los Angeles, CA is selling in 106 days, 227 E 110Th St has a days on market of 42 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 227 E 110Th 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 227 E 110Th St

Public county record property details
Beds
6
Baths
3
Year built
1924
Sq. Ft.
2,056
Lot Size
5,322
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
133
APN
6073-010-017

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
$582,500
Median List Price/Sq.Ft.
$500
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$391
Total Inventory
19
Median Sale to List Price %
105.71%
Avg Days on Market
66
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (20%), 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.