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411 W 122nd St, Los Angeles, CA 90061
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411 W 122nd St Los Angeles, CA 90061

$900,000 Sold Price as of 10/15/2021
  • 8 Beds
  • 4 Baths
  • 2,499 Sq.Ft.
Sold
$900,000 Sold Price as of 10/15/2021 Refinance Your Mortgage
Map preview of 411 W 122nd St, Los Angeles, CA 90061

Property Overview: 411 W 122nd St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,499 living square feet and 7,179 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CASH COW DUPLEX!!! GROSS INCOME is $67,200 (5.96% CAP)!! Built in 2003. Completely REMODELED. Great tenants. Low maintenance. Both units have 4 bedrooms and 3 baths in a HIGH DEMAND rental area. Both good long term tenants. Both units have one bedroom and one bath downstairs. Home is located on a cul-de-sac near the 110 and 105 freeways

Listed by Mark Velasco | BRE #01789768 | Sharpstone Realty, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,179
HOA Dues
$0/mo
Year built
2003
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21185341
City
Los Angeles
County
Los Angeles
Time on Site
1125 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: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.96%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $53,638
  • Gross Operating Income: $53,638
  • Vacancy Allowance: $0
  • Gross Spendable Income: $17
Annual Expense Breakdown
  • Total Operating Expense: $13,562
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,562
  • Trash: $0
  • Insurance: $1,000
  • Water/Sewer: $1,000

Property Details for 411 W 122nd St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6132021033
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W El Segundo Blvd, North on W 122nd St
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 411 W 122nd St

Last sold for $900,000 on October 15th, 2021

  • October, 2021

  • Oct 17, 2021

    Date

    Sold

    CRMLS: DW21185341

    $900,000

    Price

  • Sep 2, 2021

    Date

    Pending

    CRMLS: DW21185341

    $900,000

    Price

  • Aug 21, 2021

    Date

    Active

    CRMLS: DW21185341

    $900,000

    Price

  • April, 2021

  • Apr 1, 2021

    Date

    Canceled

    CRMLS: DW20232402

    $820,000

    Price

  • Feb 17, 2021

    Date

    Price Change

    CRMLS: DW20232402

    $820,000

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: DW20232402

    $849,000

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: DW20232402

    $849,000

    Price

  • Jan 23, 2021

    Date

    Hold

    CRMLS: DW20232402

    $895,000

    Price

  • Dec 21, 2020

    Date

    Price Change

    CRMLS: DW20232402

    $895,000

    Price

  • Dec 21, 2020

    Date

    Price Change

    CRMLS: DW20232402

    $870,000

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: DW20232402

    $895,000

    Price

  • Nov 11, 2020

    Date

    Pending

    CRMLS: DW20232402

    $895,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: DW20232402

    $895,000

    Price

  • Nov 4, 2020

    Date

    Hold

    CRMLS: DW20232402

    $895,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: DW20232402

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE REDUCTION!!! CASH COW DUPLEX!!! GROSS INCOME is $69,480 (6.82 CAP)!! Completely REMODELED. Both units have 4 bedrooms and 3 baths in a HIGH DEMAND rental area. Both good long term tenants. Both units have one bedroom and one bath downstairs. Home is located on a cul-de-sac near the 110 and 105 freeways

  • April, 2020

  • Apr 1, 2020

    Date

    Expired

    CRMLS: RS19262560

    $895,000

    Price

  • Feb 27, 2020

    Date

    Withdrawn

    CRMLS: RS19262560

    $895,000

    Price

  • Feb 13, 2020

    Date

    Price Change

    CRMLS: RS19262560

    $895,000

    Price

  • Nov 12, 2019

    Date

    Active

    CRMLS: RS19262560

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    Spacious remodeled duplex . Both units have 4 bedrooms and 3 baths. One bedroom and 1 bath is downstairs in both units. The master bedroom is located upstairs and has its own bathroom. There are 2 more bedrooms upstairs along with 2 bathrooms. The home is located on a cul-de-sac street near the 110 and 105 freeways.

  • September, 2018

  • Sep 15, 2018

    Date

    Sold

    CRMLS: PW18192460

    $580,000

    Price

  • Aug 15, 2018

    Date

    Active Under Contract

    CRMLS: PW18192460

    $599,000

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: PW18192460

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    No rent control in this duplex. Extremely large units 4 bedrooms and 3 baths. One downstairs bedroom. Unit pictured in MLS has been remodeled and staged. Freeway close. Covered parking in the back. Separate electric meters and water heaters.

  • September, 2018

  • Sep 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • August, 2017

  • Aug 10, 2017

    Date

    Canceled

    CRMLS: DW17086204

    $650,000

    Price

  • Jun 6, 2017

    Date

    Price Change

    CRMLS: DW17086204

    $650,000

    Price

  • May 15, 2017

    Date

    Price Change

    CRMLS: DW17086204

    $675,000

    Price

  • Apr 21, 2017

    Date

    Active

    CRMLS: DW17086204

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT! opportunity to own these unique spacious 2 story units which each feature 4 bedrooms 3 baths (8 bedrooms and 6 Baths) and property is located in the County of Los Angeles (No Rent Control). You can either rent them both and receive some monthly cash flow or live in one and rent the other. These units are centrally located to shopping, freeways, transportation and schools.

Show More

Tax History for 411 W 122nd St

Assessed Value (2020): $591,600
Year Land Value Improved Value Assessed Value
2020 $357,000 $234,600 $591,600

Home Value Compared to the Market

This property vs the competition

411 W 122nd St sold on October 15, 2021 for 19.64% 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 $360.14 per/sqft which puts the price per square foot 50.26% lower than the current median sale per square foot for the city of Los Angeles.

About 411 W 122nd St

Detailed summary of property

411 W 122nd St is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,499 living square feet, and sits on an approximately 7,179 square foot lot. 411 W 122nd St was first listed on ArdentRealEstateGroup.com on August 21, 2021. The homeowner sold the property for $900,000. 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 19.64% lower than the current median priced home. Local homes that are currently for sale include 906 E 109th St, 1136 W 101St St and 10115 Avalon Blvd. While the average home in Los Angeles, CA is selling in 106 days, 411 W 122nd St has a days on market of 11 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 411 W 122nd 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 411 W 122nd St

Public county record property details
Beds
8
Baths
6
Year built
2003
Sq. Ft.
2,499
Lot Size
7,202
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
6132-021-033

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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(714) 706-1823

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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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