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239 W 113Th St, Los Angeles, CA 90061
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239 W 113Th St Los Angeles, CA 90061

$953,000 Sold Price as of 02/25/2022
  • 6 Beds
  • 6 Baths
  • 2,376 Sq.Ft.
Sold
$953,000 Sold Price as of 02/25/2022 Refinance Your Mortgage
Map preview of 239 W 113Th St, Los Angeles, CA 90061

Property Overview: 239 W 113Th St Los Angeles, CA has 6 bedrooms, 6 bathrooms, 2,376 living square feet and 12,420 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject property consists of six (6) units sitting on an oversized 12,419 SF lot located in the city of Los Angeles. There are three buildings containing two units each. Each unit is a one-bedroom and one-bath apartment independently metered for gas and electric. This property provides a great opportunity for an investor to acquire an asset with considerable future rental upside. The projected market cap rate is 8.49% while the market GRM is 8.08. It has been reported by the seller that tenants have been paying rents on time for the last 24 months. We are pleased to offer 239 W 113th St, Los Angeles, CA 90061 for sale. — MLS NOTES: for OM with additional property information > Click the Link "Listing has Supplements" right under the map

Listed by Alex Colombo | BRE #01927702 | Lyon Stahl Investment Real Est
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
12,420
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21222587
City
Los Angeles
County
Los Angeles
Time on Site
1087 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,024
  • Total Rent: $1,024
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $804
  • Total Rent: $804
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,230
  • Total Rent: $1,230
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $685
  • Total Rent: $685
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $960
  • Total Rent: $960
  • Pro Forma/Market Rent: $1,625
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,436
  • Net Operating Income: $35,504
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,879
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,350
  • Insurance: $1,307
  • Professional Management: $3,319
  • Water/Sewer: $650

Virtual Tour

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Property Details for 239 W 113Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 6074023031
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Imperial Hwy & S Broaway
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 239 W 113Th St

Last sold for $953,000 on February 25th, 2022

  • February, 2022

  • Feb 25, 2022

    Date

    Sold

    CRMLS: PW21222587

    $953,000

    Price

  • Oct 6, 2021

    Date

    Active

    CRMLS: PW21222587

    $945,000

    Price

  • January, 2006

  • Jan 12, 2006

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • June, 2005

  • Jun 17, 2005

    Date

    Sold (Public Records)

    Public Records

    $389,000

    Price

Show More

Tax History for 239 W 113Th St

Assessed Value (2020): $687,250
Year Land Value Improved Value Assessed Value
2020 $462,335 $224,915 $687,250

Home Value Compared to the Market

This property vs the competition

239 W 113Th St sold on February 25, 2022 for 15.62% 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 $397.73 per/sqft which puts the price per square foot 45.07% lower than the current median sale per square foot for the city of Los Angeles.

About 239 W 113Th St

Detailed summary of property

239 W 113Th St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 2,376 living square feet, and sits on an approximately 12,420 square foot lot. 239 W 113Th St was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner sold the property for $953,000. 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 15.62% lower than the current median priced home. Local homes that are currently for sale include 9230 S Figueroa St, 1136 W 101St St and 126 E 89th St. While the average home in Los Angeles, CA is selling in 106 days, 239 W 113Th St has a days on market of 26 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 239 W 113Th 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 239 W 113Th St

Public county record property details
Beds
6
Baths
6
Year built
1924
Sq. Ft.
2,376
Lot Size
12,419
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
258,259
APN
6074-023-031

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
$580,000
Median List Price/Sq.Ft.
$518
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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Recently Sold Homes Near 239 W 113Th 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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