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

$530,000 Sold Price as of 04/14/2022
  • 4 Beds
  • 2 Baths
  • 1,036 Sq.Ft.
Sold
$530,000 Sold Price as of 04/14/2022 Refinance Your Mortgage
Map preview of 246 E 111th St, Los Angeles, CA 90061

Property Overview: 246 E 111th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,036 living square feet and 5,224 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity here to own a well kept duplex in LA!! Rent 1 and live in the other or buy it as an investment property! The homes are very well taken care of. The front house is a 1 bedroom, 1 bath that has recently been remodeled and renting for $1,500 a month. The back house is 2 bedrooms, 1 bath, but currently being used as a 3 bedroom (1 bedroom does not have a closet) and rents for $1,065 a month to long term tenants, it needs a little TLC. Brand new brick fence and sliding wood door has been added to the front yard. Located close to restaurants, shopping centers, entertainment centers, schools and Freeways. Make an offer on this one before it’s gone!

Listed by Raul Garcia | BRE #01958793 | Keller Williams Pacific Estates Cerritos
Last checked: 15 minutes ago | Last updated: July 4th, 2023 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
5,224
HOA Dues
$0/mo
Year built
1928
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
DW22046788
City
Los Angeles
County
Los Angeles
Time on Site
925 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,065
  • Total Rent: $1,065
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,565
  • Net Operating Income: $2,315
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $250
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $100
  • Water/Sewer: $150

Property Details for 246 E 111th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Bath
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6073018003
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of San Pedro St and East of the 110 Freeway, North of the 105 Freeway
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 246 E 111th St

Last sold for $530,000 on April 14th, 2022

  • July, 2023

  • Jul 4, 2023

    Date

    Expired

    CRMLS: DW23001344

    $539,900

    Price

  • Jan 3, 2023

    Date

    Active

    CRMLS: DW23001344

    $599,900

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a well kept duplex in LA! Rent 1 and live in the other or buy it as an investment property! The homes are very well taken care of. The front house is a 1 bedroom, 1 bath that has recently been remodeled and renting for $1,500 a month. The back house is 2 bedroom, 1 bath but currently being used as a 3 bedroom (1bedroom does not have a closet) and rents for $1,025 a month to long term tenants, it needs a little TLC. Brand new brick fence and sliding wood door has been added to the front yard. Located close to restaurants, shopping centers, entertainment centers, schools and freeways. Make an offer on this one before it's gone!

  • December, 2022

  • Dec 12, 2022

    Date

    Canceled

    CRMLS: DW22214035

    $599,900

    Price

  • Oct 4, 2022

    Date

    Active

    CRMLS: DW22214035

    $615,000

    Price

  • Listing provided courtesy of CRMLS

    Here's a great opportunity to own a DUPLEX in LA for a great price, can be a great investment property. Front unit is 1 bed/ 1bath, back unit is 2bed/1 bath. Located close to restaurants, shopping centers, schools and freeways. Come see it before it's gone!

  • April, 2022

  • Apr 14, 2022

    Date

    Sold

    CRMLS: DW22046788

    $530,000

    Price

  • June, 2021

  • Jun 1, 2021

    Date

    Sold

    CRMLS: CV21022087

    $470,000

    Price

  • Apr 14, 2021

    Date

    Pending

    CRMLS: CV21022087

    $469,999

    Price

  • Apr 6, 2021

    Date

    Price Change

    CRMLS: CV21022087

    $469,999

    Price

  • Feb 3, 2021

    Date

    Active

    CRMLS: CV21022087

    $479,999

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for owner occupied or investment. Very well kept duplex in the heart of Los Angeles area. Front house is a spacious 1 bedroom and bathroom in great conditions (vacant). Back house is a 2 bedrooms and 1 bathroom TLC need it. Centrally located to schools, shopping centers and Freeways. Property profile shows one bedroom and one bathroom in each unit, buyer to investigate and satisfy as a condition of the property including bedrooms, bathrooms, sq ft, etc.

  • July, 2020

  • Jul 16, 2020

    Date

    Expired

    CRMLS: MB20045146

    $449,900

    Price

  • Apr 22, 2020

    Date

    Price Change

    CRMLS: MB20045146

    $449,900

    Price

  • Mar 19, 2020

    Date

    Price Change

    CRMLS: MB20045146

    $489,000

    Price

  • Mar 1, 2020

    Date

    Active

    CRMLS: MB20045146

    $524,900

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity...perfect investment!!!

  • December, 2019

  • Dec 30, 2019

    Date

    Expired

    CRMLS: TR19234309

    $469,999

    Price

  • Dec 7, 2019

    Date

    Price Change

    CRMLS: TR19234309

    $469,999

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: TR19234309

    $489,999

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY LIVE IN ONE AND RENT THE OTHER, EACH ELECTRIC AND GAS METERS. FRONT HOUSE IS VERY CLEAN HAS ONE BEDROOM AND A VERY FUNCTIONAL FLOOR PLAN, FRESHLY PAINTED AND NEW CARPET, TOILET AND BATH. SINK. FRONT HOUSE HAS FRONT YARD AND 2 PARKING SPACES ON CONCRETE SLAB BETWEEN THE 2 HOUSES. THE BACK HOUSE HAS 2 BEDROOMS AND A BONUS ROOM ALLOWED TO USED AS STORAGE / LAUNDRY AREA. THE BACK HOUSE HAS A PRIVATE SMALL YARD, 1 CAR GARAGE AND 1 CARPORT. CONCRETE DRIVEWAY. HOUSES ARE LOCATED NEAR BY PUBLIC TRANSPORTATION -BUSES. BY IMPERIAL HWY CROSSES THE RAIL ROAD. 110 FWY AND 105 EASY ACCESS FROM THE HOUSES. SCHOOLS NEAR BY. L.A. DOWNTOWN AND INTERNATIONAL AIRPORT FEW MINUTES AWAY. TENANTS IN BACK HOUSE WILL REMAIN. PROPERTY IS "SOLD AS IS". BUYERS AND BUYER'S AGENT TO DO THEIR OWN DUE DILIGENCE.

  • August, 2017

  • Aug 25, 2017

    Date

    Expired

    CRMLS: TR17101135

    $369,999

    Price

  • Aug 7, 2017

    Date

    Active

    CRMLS: TR17101135

    $369,999

    Price

  • Jul 1, 2017

    Date

    Pending

    CRMLS: TR17101135

    $369,999

    Price

  • Jun 7, 2017

    Date

    Active

    CRMLS: TR17101135

    $369,999

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY / INVESTMENT TWO UNIC SEPARATE HOUSES IN A 5,223 SQFT. LOT, 2 ELECTRIC METERS, 2 GAS METER, 1 WATER METER. FRONT HOUSE has front yard, 2 car parking spaces concrete slab between the 2- houses. The Back house needs TLC it has two bedrooms and one bonus room allowed to be use as a laundry and/or storage area. Buyer to verify permits. One Car garage and one carport, private patio for the back house . Long concrete driveway for extra parking. Elementary school next block crossing San Pedro St. Just minutes away from downtown L. A. and International Airport. Easy access to 110, 105, 405 Freeways. Rail Road crossing at Imperial HWY. 4 blocks south. Property is "SOLD AS IS". Listing agent is related to seller (wife).

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Tax History for 246 E 111th St

Assessed Value (2020): $187,538
Year Land Value Improved Value Assessed Value
2020 $145,513 $42,025 $187,538

Home Value Compared to the Market

This property vs the competition

246 E 111th St sold on April 14, 2022 for 55.37% 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 $482.53 per/sqft which puts the price per square foot 33.35% lower than the current median sale per square foot for the city of Los Angeles.

About 246 E 111th St

Detailed summary of property

246 E 111th St is a duplex that recently sold in Los Angeles, CA 90061. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,036 living square feet, and sits on an approximately 5,224 square foot lot. 246 E 111th St was first listed on ArdentRealEstateGroup.com on March 9, 2022. The homeowner sold the property for $530,000. 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 55.37% lower than the current median priced home. Local homes that are currently for sale include 1122 E 67th St, 440 W Gage Ave and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 246 E 111th St has a days on market of 2 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 246 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 246 E 111th St

Public county record property details
Beds
1
Baths
1
Year built
1928
Sq. Ft.
1,036
Lot Size
5,223
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6073-018-003

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.
$500
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$391
Total Inventory
18
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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 246 E 111th St

241 E 111th St, Los Angeles, CA 90061
$885,000 Last Sold Price
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6 Baths
3555 Sq.Ft.
241 E 111th St
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227 E 111th St, Los Angeles, CA 90061
$578,000 Last Sold Price
4 Beds
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227 E 111th St
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241 E 112th St, Los Angeles, CA 90061
$821,000 Last Sold Price
5 Beds
4 Baths
2200 Sq.Ft.
241 E 112th St
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208 E 110th St, Los Angeles, CA 90061
$1,000,000 Last Sold Price
10 Beds
6 Baths
3509 Sq.Ft.
208 E 110th 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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