2508 E 110Th St, Los Angeles, CA 90059
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2508 E 110Th St Los Angeles, CA 90059

$560,000 Sold Price as of 11/15/2021
  • 4 Beds
  • 4 Baths
  • 1,440 Sq.Ft.
Sold
$560,000 Sold Price as of 11/15/2021 Refinance Your Mortgage

Map preview of 2508 E 110Th St, Los Angeles, CA 90059

Property Overview: 2508 E 110Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,440 living square feet and 3,122 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Do not miss this unique opportunity. 4 units, each 1bedroom / 1bath Rent is $ 875 per month (tenants are negotiable). Central location, close to shops, schools and hospitals. Needs TLC, Sold AS-IS

Listed by Micaela Solis | BRE #02057893 | Berkshire Hathaway Home Srvs
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
3,122
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW21086176
City
Los Angeles
County
Los Angeles
Time on Site
1102 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $33,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,600
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $4,550
  • Trash: $800
  • Insurance: $0
  • Water/Sewer: $1,750

Property Details for 2508 E 110Th 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: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6068017033
  • 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: S. Alameda & Santa Ana N
Neighborhood Information
  • Community Features: Park
View more facts & features

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Sale History for 2508 E 110Th St

Last sold for $560,000 on November 15th, 2021
  • August, 2021

  • Aug 5, 2021

    Date

    Pending

    CRMLS: DW21086176

    $559,999

    Price

  • Apr 26, 2021

    Date

    Active

    CRMLS: DW21086176

    $559,999

    Price

  • March, 2021

  • Mar 16, 2021

    Date

    Expired

    CRMLS: PW20217133

    $990,000

    Price

  • Oct 26, 2020

    Date

    Active

    CRMLS: PW20217133

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    This is a Great income-producing investment! We have 2510 as one building of 1,4440 sq. ft., as four legal units and one bonus backhouse. Each being 1 bedroom and 1 bath. Plus a bonus backhouse. The second building 2508 being 1,171 sq. ft. with two legal units each being two bedroom (one has one bonus room) one bath each. All units have parking spots in a designated parking area. This is a Great rental income potential With Plenty of potential space to build on to it or remodel? Don't miss out on the opportunity to have (7) multi-rental unit building's. Great price, great opportunity, Won't last long! Located in a very central area: Nearby schools, The closest grocery stores, Nearby coffee shops and restaurants. Near major freeways and public transport.

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Tax History for 2508 E 110Th St

Assessed Value (2020): $240,192
Year Land Value Improved Value Assessed Value
2020 $68,618 $171,574 $240,192

Home Value Compared to the Market

This property vs the competition

2508 E 110Th St sold on November 15, 2021 for 52.94% 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 $388.89 per/sqft which puts the price per square foot 48.49% lower than the current median sale per square foot for the city of Los Angeles.

About 2508 E 110Th St

Detailed summary of property

2508 E 110Th St is a fourplex that recently sold in Los Angeles, CA 90059. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 1,440 living square feet, and sits on an approximately 3,122 square foot lot. 2508 E 110Th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $560,000. 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 52.94% lower than the current median priced home. Local homes that are currently for sale include 220 W Colden Ave, 411 W 111th St and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 92 days, 2508 E 110Th St has a days on market of 95 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 2508 E 110Th 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 2508 E 110Th St

Public county record property details
Beds
4
Baths
4
Year built
1948
Sq. Ft.
1,440
Lot Size
3,121
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
6068-017-033

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%)

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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.