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241 E 111th St, Los Angeles, CA 90061
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241 E 111th St Los Angeles, CA 90061

$885,000 Sold Price as of 12/02/2019
  • 10 Beds
  • 6 Baths
  • 3,555 Sq.Ft.
Sold
$885,000 Sold Price as of 12/02/2019 Refinance Your Mortgage
Map preview of 241 E 111th St, Los Angeles, CA 90061

Property Overview: 241 E 111th St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,555 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: Very desirable, income producing duplex. This duplex consists of two (2) 5-Bedroom / 3-Bathroom units. The property has one single car garage located at the front of the property and a two car garage located in the rear of the property. This design allows each unit to have the luxury of a garage. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths, mirrored closet doors, carpeted bedrooms, and forced heat throughout both units. The property has a beautiful artificial lawn to help minimize maintenance and water usage. This is new construction, no rent control! Agents bring your investors!

Listed by Andy Zuppardo | BRE #01927358 | Crystal View Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
5,323
HOA Dues
$0/mo
Year built
2019
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW19227794
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $36,000
  • Pro Forma/Market Rent: $36,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $36,000
  • Pro Forma/Market Rent: $36,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $72,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 241 E 111th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Kitchen Information
  • Has Appliances
  • ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6073015027
  • Year Built Source: Builder
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between San Pedro and Main
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 241 E 111th St

Last sold for $386,500 on August 27th, 2020

  • August, 2020

  • Aug 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $386,500

    Price

  • December, 2019

  • Dec 3, 2019

    Date

    Sold

    CRMLS: PW19227794

    $885,000

    Price

  • Sep 25, 2019

    Date

    Pending

    CRMLS: PW19227794

    $890,000

    Price

  • Sep 25, 2019

    Date

    Active

    CRMLS: PW19227794

    $890,000

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $885,000

    Price

Show More

Tax History for 241 E 111th St

Assessed Value (2020): $885,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $485,000 $885,000

Home Value Compared to the Market

This property vs the competition

241 E 111th St sold on December 2, 2019 for 20.54% 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 $250.35 per/sqft which puts the price per square foot 65.42% lower than the current median sale per square foot for the city of Los Angeles.

About 241 E 111th St

Detailed summary of property

241 E 111th St is a duplex that recently sold in Los Angeles, CA 90061. This duplex offered 10 bedrooms, 6 bathrooms, roughly 3,555 living square feet, and sits on an approximately 5,323 square foot lot. 241 E 111th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $885,000. 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 20.54% lower than the current median priced home. Local homes that are currently for sale include 126 E 89th St, 615 W Colden Ave and 9230 S Figueroa St. While the average home in Los Angeles, CA is selling in 106 days, 241 E 111th St has a days on market of 1 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 241 E 111th 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 241 E 111th St

Public county record property details
Beds
10
Baths
6
Year built
2019
Sq. Ft.
3,536
Lot Size
5,322
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
182
APN
6073-015-027

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%)

Thinking of Selling?

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Recently Sold Homes Near 241 E 111th 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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