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2506 E 109th St, Los Angeles, CA 90059
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2506 E 109th St Los Angeles, CA 90059

$839,000 Sold Price as of 02/10/2021
  • 12 Beds
  • 6 Baths
  • 4,160 Sq.Ft.
Sold
$839,000 Sold Price as of 02/10/2021 Refinance Your Mortgage
Map preview of 2506 E 109th St, Los Angeles, CA 90059

Property Overview: 2506 E 109th St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 4,160 living square feet and 6,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Feast your eyes on this triplex conveniently located in South Los Angeles. Intelligently structured like a Townhouse, great opportunity to live in a unit and rent the remaining two without worrying about strangers living above/below you. Each unit includes a full kitchen, full bathroom, family, and private laundry room on the 1st floor and all 4 bedrooms plus full bathroom is on the 2nd floor. This triplex features two entrances, front unit has their own private entrance and fits about 3 vehicles with additional space for storage. The rear units feature entrances through the alley and has room for 5 or 6 vehicles. All units have a small patio for BBQ in front for fun family cookouts. It is centrally located near Long Beach, Redondo Beach and Manhattan beach for summer getaways only 28 minutes away. Close by entertainment only 29 min. away from staples center, also located a few blocks away from the 105 and within minutes to the 110, 710, 91 and 405 freeways. You can make it on time to your flights only 20 min. away from the LAX airport. This triplex is the perfect multipurpose home for your investment needs and/or primary residence.

Listed by Roberto Reyes | BRE #01951655 | Crown Real Estate Team
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,245
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
PW20208035
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,652
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,953
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $1,782
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,960
  • Net Operating Income: $56,400
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $4,560
  • New Taxes: $8,900
  • Trash: $840
  • Insurance: $2,200
  • Water/Sewer: $3,720

Virtual Tour

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Property Details for 2506 E 109th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • All Bedrooms Up
Interior Features
  • Levels: Two
  • Security Features: Smoke Detector(s)
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 Parking Spaces: 6
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 6068017013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: Alameda Street & 109st
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2506 E 109th St

Last sold for $839,000 on February 10th, 2021

  • February, 2021

  • Feb 10, 2021

    Date

    Sold

    CRMLS: PW20208035

    $839,000

    Price

  • Jan 27, 2021

    Date

    Pending

    CRMLS: PW20208035

    $839,000

    Price

  • Jan 5, 2021

    Date

    Price Change

    CRMLS: PW20208035

    $839,000

    Price

  • Dec 4, 2020

    Date

    Active Under Contract

    CRMLS: PW20208035

    $869,000

    Price

  • Oct 29, 2020

    Date

    Price Change

    CRMLS: PW20208035

    $869,000

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: PW20208035

    $889,000

    Price

  • February, 2021

  • Feb 9, 2021

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

  • November, 2016

  • Nov 3, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2506 E 109th St

Assessed Value (2020): $615,500
Year Land Value Improved Value Assessed Value
2020 $212,241 $403,259 $615,500

Home Value Compared to the Market

This property vs the competition

2506 E 109th St sold on February 10, 2021 for 29.5% 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 $201.68 per/sqft which puts the price per square foot 73.29% lower than the current median sale per square foot for the city of Los Angeles.

About 2506 E 109th St

Detailed summary of property

2506 E 109th St is a triplex that recently sold in Los Angeles, CA 90059. This triplex offered 12 bedrooms, 6 bathrooms, roughly 4,160 living square feet, and sits on an approximately 6,245 square foot lot. 2506 E 109th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $839,000. 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 29.5% lower than the current median priced home. Local homes that are currently for sale include 9308 Clovis Ave, 752 E Lanzit Ave and 1158 E 88th Pl. While the average home in Los Angeles, CA is selling in 92 days, 2506 E 109th St has a days on market of 56 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2506 E 109th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2506 E 109th St

Public county record property details
Beds
9
Baths
6
Year built
1970
Sq. Ft.
4,160
Lot Size
6,245
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27,29
APN
6068-017-013

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,999
Median List Price/Sq.Ft.
$523
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 2506 E 109th 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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