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417 W 106th St, Los Angeles, CA 90003
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417 W 106th St Los Angeles, CA 90003

$735,000 Sold Price as of 12/31/2020
  • 8 Beds
  • 4 Baths
  • 2,160 Sq.Ft.
Sold
$735,000 Sold Price as of 12/31/2020 Refinance Your Mortgage
Map preview of 417 W 106th St, Los Angeles, CA 90003

Property Overview: 417 W 106th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,160 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity! 6.4% Cap Rate based on actual rents received. Potential for higher Cap Rate if self managed. Each unit in this newer duplex has 4 bedrooms and 2 bathrooms, refrigerators, washer/dryer hookups and is Section 8 approved. The long driveway will allow for additional parking secured by a sliding wrought iron gate. There are additional parking spaces in the rear as well as a detached 2 car garage. Location allows for easy freeway access and has been professionally managed. No rent control.

Listed by Lenny Spangler | BRE #01209777 | HCM Real Estate
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
2008
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20188894
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,610
  • Total Rent: $2,610
  • Pro Forma/Market Rent: $2,610
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,120
  • Net Operating Income: $51,480
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $63,120
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,750
  • Trash: $0
  • Gardener: $585
  • Insurance: $768
  • Maintenance: $911
  • Professional Management: $5,700
  • Water/Sewer: $1,160

Property Details for 417 W 106th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Rear, Garage - Two Door
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6061031016
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: Refrigerator
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Use Navigation for best directions
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 417 W 106th St

Last leased for $2,650 on February 1st, 2021

  • March, 2021

  • Mar 30, 2021

    Date

    Leased

    CRMLS: RS21009683

    $2,650

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: RS21009683

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled 4 Bedroom 2 Bathroom unit available immediately for rent in a quiet neighborhood. The apartment is all upstairs with the following features: - 4 Spacious bedrooms - 2 Full Bathrooms -Water bill paid by Landlord - Spacious living room with plenty of sunlight - Quiet neighborhood - Ample parking - 1 Garage (could be used for storage) and 1 open parking space - Laundry hookups on site -New Carpet -Newly painted Section 8 tenants welcome with approved vouchers from City of Los Angeles. Application fee is $30.

  • December, 2020

  • Dec 31, 2020

    Date

    Sold

    CRMLS: OC20188894

    $735,000

    Price

  • Dec 23, 2020

    Date

    Pending

    CRMLS: OC20188894

    $745,000

    Price

  • Oct 28, 2020

    Date

    Active Under Contract

    CRMLS: OC20188894

    $745,000

    Price

  • Oct 20, 2020

    Date

    Price Change

    CRMLS: OC20188894

    $745,000

    Price

  • Sep 25, 2020

    Date

    Price Change

    CRMLS: OC20188894

    $775,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: OC20188894

    $795,000

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $735,000

    Price

  • December, 2016

  • Dec 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

Show More

Tax History for 417 W 106th St

Assessed Value (2020): $594,275
Year Land Value Improved Value Assessed Value
2020 $355,504 $238,771 $594,275

Home Value Compared to the Market

This property vs the competition

417 W 106th St sold on December 31, 2020 for 37.39% 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 $344.91 per/sqft which puts the price per square foot 54.32% lower than the current median sale per square foot for the city of Los Angeles.

About 417 W 106th St

Detailed summary of property

417 W 106th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,160 living square feet, and sits on an approximately 5,402 square foot lot. 417 W 106th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $735,000. 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 37.39% lower than the current median priced home. Local homes that are currently for sale include 9811 S Vermont Ave, 155 E Colden Ave and 1031 W Century Blvd. While the average home in Los Angeles, CA is selling in 94 days, 417 W 106th St has a days on market of 45 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 417 W 106th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 417 W 106th St

Public county record property details
Beds
6
Baths
2
Year built
2008
Sq. Ft.
2,160
Lot Size
5,401
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
535,536
APN
6061-031-016

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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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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